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Deutsche Bank confirms Aus CEO

Deutsche Bank has confirmed that its Australian interim boss will run the local arm on a permanent basis.

Glenn Morgan has become chief executive for Deutsche Bank Australia after a year of being its interim CEO.

Previously, Mr Morgan was head of Deutsche’s equities division.

Mr Morgan has been with the bank for roughly a decade, following a stint as head of Australian equity research sales at JP Morgan.

Previously, he was vice president of equity capital markets at CBA.

Alexander von zur Muehlen, CEO for Deutsche Bank Asia Pacific and member of the management board, commented: “Australia is core to our Asia Pacific and global franchise due to our broad local product offering, leadership in fixed income, and our special ability to foster cross-border activity, both inbound and outbound.

“Glenn is ideally placed to continue to lead the franchise, as we invest in our local business, following the launch of our onshore cash management capability and a number of recent strategic hires for our investment banking business.”

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[Related: Charter Hall exec to chair NHFIC]

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