Stefan Krause, 45, is to be appointed member of the management board of Deutsche Bank AG, effective from 1 April 2008.
This appointment will be submitted to the supervisory board for its next meeting on 19 March 2008, in accordance with a resolution of the chairman’s committee.
Krause was a member of the management board of BMW AG, serving as chief financial officer from May 2002 until September 2007 and subsequently responsible for Sales and Marketing.
Krause will succeed Anthony di Iorio, 64, as chief financial officer of Deutsche Bank AG with effect from di Iorio’s retirement, which will take place as planned on 1 October 2008.