LONDON – Jacques Brand was appointed chief executive of Deutsche Bank’s North American operations on Thursday.
Mr. Brand, 52, will also join the bank’s group executive committee, according to a company statement. He previously was global head of investment banking coverage and advisory in Deutsche Bank’s corporate banking and securities unit.
Mr. Brand succeeds Seth Waugh, who will join the bank’s Americas advisory board.
Deutsche Bank also said on Thursday that Bill Woodley, 46, would become deputy chief executive of North America.