Deutsche Bank: COO Kim Hammonds to leave

(CercleFinance.com) - One week after the appointment of a new CEO, Deutsche Bank said on Thursday that COO Kim Hammonds would leave the bank, effective in May.


A US citizen, the executive joined Deutsche Bank in 2013 as co-head of technology and operations and was promoted to the post of chief operating officer in August 2016.

Her resignation has been by "mutual agreement," the bank said.

A new COO is to be nominated in the near future after consultations with regulators, it added.

Deutsche Bank shares were down 0.6% in early-morning trading today.

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