Deutsche Bank has appointed Colin Grassie as Chief Executive Officer for the United Kingdom. In his new role, Mr. Grassie will be responsible for development of the bank’s UK franchise, including management of relationships with the government, regulators and key clients.
He will chair the bank’s UK governance and executive management committees and report to Jürgen Fitschen, Head of Regional Management at Deutsche Bank.
Mr. Fitschen, said: “Colin’s record of achievement in growing our Asia Pacific franchise gives us confidence that he will bring about further growth for the Bank in the United Kingdom. We are investing in our UK franchise and using our leading presence in London as one strong hub from which to serve clients throughout Europe.”
“We are pleased that Charles will continue to work with us and serve clients as a Senior Advisor to the Bank. We thank him for his seven years of service as London chairman,” he added.
