Management shake-up at Deutsche Bank

The moves are part of a general reorganisation

Deutsche Bank headquarters, Frankfurt

Colin Fan, co-head of the corporate banking and securities (CB&S) division at Deutsche Bank, is to leave the German firm on October 19, and will be replaced by Garth Ritchie, currently head of equities.

Ritchie will also assume responsibility for global markets on the management board as of January 1, 2016.

The other co-head of the CB&S division, Jeff Urwin, will be responsible for corporate and investment banking. He will also join the board.

The moves form part of a wider management shake-up

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