BERLIN, April 25 (Reuters) – Deutsche Financial institution (DBKGn.DE) finance chief James von Moltke might develop into chairman of the financial institution’s DWS funding arm when Karl von Rohr steps down in October, Bloomberg reported on Tuesday, citing nameless sources.
The method of deciding on a brand new chairman might take a number of months, the sources stated. Von Moltke might retain his positions as CFO and deputy CEO of Deutsche Financial institution alongside the DWS function, they added.
Deutsche Financial institution declined to remark.
Von Rohr is not going to renew his contract as a member of Deutsche Financial institution’s administration board past October and can stand down as DWS chairman, the financial institution introduced final week.
The financial institution had requested him to face once more for the DWS supervisory board, it added.
Reporting by Victoria Waldersee
Modifying by David Goodman
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