Deutsche Bank head of Global Equity Services Akbar Poonawala said they are delighted to be selected as successor depositary bank for this notable program. They look forward to working with Lufthansa to further develop and enhance its ADR program.
Lufthansa is a global aviation group headquartered in Cologne, Germany. The Group operates in five business segments – the Passenger Airline Group, Logistics, MRO, IT Services and Catering.
Deutsche Bank acts as depositary for more than 800 American and Global Depositary Receipt programs globally.