How a publicity-shy chair is revamping Deutsche Bank
Financial Times
23-05-16 04:23
Alexander Wynaendts, Deutsche Bank's chairman, has gained respect among insiders and investors by taking a "low public profile" and keeping his focus on issues such as control flaws and costs. Wynaendts has so far stayed out of public spats, unlike his predecessor Paul Achleitner, who attempted to compromise behind the scenes, and he has won praise for cutting the bonuses of top Deutsche executives. However, some investors remain wary of Wynaendts' outsider status.