Deutsche Financial institution supervisory board backs Wynaendts as new chair

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© Reuters. FILE PHOTO: The headquarters of Deutsche Bank is pictured in Frankfurt am Main on September 21, 2020. REUTERS / Ralph Orlowski / File Photo

FRANKFURT (Reuters) – Deutsche Bank (DE 🙂 The supervisory board of (DE 🙂 signed the nomination of Alexander Wynaendts as the next chairman on Sunday, according to an employee memo from Reuters.

The support was announced in an email from Chief Executive Officer Christian Sewing.

The support from the entire board was a procedural step after a committee of the board had nominated the Dutchman for the office on Friday.

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