Deutsche Bank announces Raja Akram to succeed James von Moltke as CFO

Deutsche Bank (DB) announced changes to its management structure for “the next phase of the bank’s growth strategy.” The bank stated: “After eight years as Chief Financial Officer in which he helped lead the bank through a fundamental transformation, James von Moltke has informed the bank that he will not be seeking another term when his contract expires in June 2026. Von Moltke, who was also appointed President in 2022, will continue to drive the bank’s delivery of its 2025 financial targets before handing over his CFO responsibilities. As designated Chief Financial Officer, Raja Akram will join the bank on October 1, 2025, become a member of the Management Board effective January 1, 2026, and assume the CFO role after a transition period. Akram joins from Morgan Stanley where he has been Deputy Chief Financial Officer since 2020. From 2006 to 2020, he worked for Citigroup, holding leadership positions in Finance across multiple regions and businesses and also served as the Chief Accounting Officer and Global Controller. Akram will be based in Frankfurt.”