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Factbox-The global background of Deutsche Bank’s new chair -Breaking

by Mike Robinson

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© Reuters. On July 8, 2019, the Deutsche Bank logo is displayed in London. REUTERS/Simon Dawson

FRANKFURT (Reuters). Deutsche Bank (DE) has appointed Alexander Wynaendts, a Dutch businessman to be its next chair of its supervision board. This is a significant change for Germany’s largest lender.

Below are some details about Wynaendts: * Wynaendts is aged 61, born on August 1, 1960. * The son of a Dutch diplomat, he grew up in Beirut, Jakartaand Brussels. * He speaks multiple languages, including Indonesian,Spanish, German, French, and English. * His first job was with ABN AMRO (AS:), in private and investmentbanking in Amsterdam and London. * From 2008 to 2020, he was CEO of Aegon (NYSE:), navigating itthrough a government bailout in the midst of the financialcrisis. * During 2019, his last full year as Aegon CEO, he earned3.9 million euros ($4.40 million), down from 5.0 million in2018. * Wynaendts oversaw multiple acquisitions and disposalsduring his tenure at Aegon, with 87 M&A deals from 2012 to 2020,according to Refinitiv data. * He is resigning his Citigroup (NYSE:) Board Seat. * He sits on the boards of Uber Technologies (NYSE:) and AirFrance-KLM. * He is expected to take over the board of Deutsche Bank inMay 2022. The terms are for five years.($1 = 0.8859 euros)

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