Jürgen Fitschen (born 1 September 1948 in

Harsefeld Harsefeld (in High German, in Low Saxon: Harsfeld; literally in ''horse field'') is a municipality situated south-west of Hamburg (Germany). Harsefeld has a population of c. 12,500 and belongs to the district of Stade, Lower Saxony. Harsefeld i ...

, Germany), sometimes rendered ''Juergen Fitschen'' in English, is a German banker who served as co-CEO of

Deutsche Bank Deutsche Bank AG (), sometimes referred to simply as Deutsche, is a German multinational investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed on the Frankfurt Stock Exchange and the New York Sto ...

from 2012 to 2016. He served alongside Anshu Jain until 2015 and

John Cryan John is a common English name and surname: * John (given name) * John (surname) John may also refer to: New Testament Works * Gospel of John, a title often shortened to John * First Epistle of John, often shortened to 1 John * Seco ...

from 2015. He was president of the

Association of German Banks The Association of German Banks (german: Bundesverband deutscher Banken) is the association of private banks in Germany and a key lobby group for Germany's financial sector. In the traditional 3-pillar system of the German banking industry, this r ...

from 2013 to 2016.

Education

Fitschen went to school at Athenaeum Stade, then he studied Economics and Business Administration at the

University of Hamburg The University of Hamburg (german: link=no, Universität Hamburg, also referred to as UHH) is a public research university in Hamburg, Germany. It was founded on 28 March 1919 by combining the previous General Lecture System ('' Allgemeines Vor ...

and graduated in 1975 with a master's degree in Business Administration.

Career

From 1975 to 1987, he worked at

Citibank Citibank, N. A. (N. A. stands for " National Association") is the primary U.S. banking subsidiary of financial services multinational Citigroup. Citibank was founded in 1812 as the City Bank of New York, and later became First National City Ba ...

in various positions in Hamburg and Frankfurt am Main. In 1983, he was appointed member of Citibank’s Executive Committee Germany. After joining Deutsche Bank in 1987, Fitschen held executive positions in

Thailand Thailand ( ), historically known as Siam () and officially the Kingdom of Thailand, is a country in Southeast Asia, located at the centre of the Indochinese Peninsula, spanning , with a population of almost 70 million. The country is b ...

, Japan and

Singapore Singapore (), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, borde ...

, before becoming a member of the Global Corporates and Institutions Divisional Board in 1997, based in

Frankfurt Frankfurt, officially Frankfurt am Main (; Hessian: , " Frank ford on the Main"), is the most populous city in the German state of Hesse. Its 791,000 inhabitants as of 2022 make it the fifth-most populous city in Germany. Located on its ...

. A year later he joined the newly designed Global Corporates and Institutions division, based in

London London is the capital and List of urban areas in the United Kingdom, largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary dow ...

. In 2001 he was appointed to Deutsche Bank Group Board of Managing Directors where he was responsible for the Corporate and Investment divisions of the bank. Fitschen has been a member of Deutsche Bank’s Group Executive Committee since 2002. In 2005 he was appointed Head of the newly established Regional Management team worldwide and CEO

Germany Germany, officially the Federal Republic of Germany (FRG),, is a country in Central Europe. It is the most populous member state of the European Union. Germany lies between the Baltic and North Sea to the north and the Alps to the sou ...

, based in Frankfurt. As CEO Germany he is also Chairman of the Management Committee Germany. In these capacities Fitschen joined the Deutsche Bank Management Board in 2009. In December 2012, Fitschen was under investigation for alleged sales tax evasion, which occurred in 2009. After a raid by over 500 police officials and tax inspectors, Fitschen called the

minister-president A minister-president or minister president is the head of government in a number of European countries or subnational governments with a parliamentary or semi-presidential system of government where they preside over the council of ministers. I ...

of the German state of

Hesse Hesse (, , ) or Hessia (, ; german: Hessen ), officially the State of Hessen (german: links=no, Land Hessen), is a state in Germany. Its capital city is Wiesbaden, and the largest urban area is Frankfurt. Two other major historic cities are Da ...

Volker Bouffier Volker Bouffier (born 18 December 1951) is a German politician of the Christian Democratic Union (CDU) who served as Minister President of the German state of Hessen from 31 August 2010 to 31 May 2022. From 1 November 2014 until 31 October 2015 ...

, complaining about the raid, saying that the incident damaged the reputation of the largest German lender.

Other titles

Fitschen is also a member of the Board of Directors of

Kuehne + Nagel International AG Kuehne + Nagel International AG (or Kühne + Nagel) is a global transport and logistics company based in Schindellegi, Switzerland. It was founded in 1890, in Bremen, Germany, by August Kühne and Friedrich Nagel. It provides sea freight and ai ...

, a member of the Supervisory Board of

Metro AG Metro AG is a German multinational company based in Düsseldorf which operates business membership only cash and carry stores primarily under the Metro brand. Until 2020 it was also active in general retail business through Real division, w ...

and a member of the Supervisory Board of

Schott AG Schott AG is a German multinational glass company specializing in the manufacture of glass and glass-ceramics. Headquartered in Mainz, Germany, it is owned by the Carl Zeiss Foundation. The company's founder and namesake, Otto Schott, is cr ...

.Schott AG corporate website - Supervisory Board
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References

{{DEFAULTSORT:Fitschen, Juergen 1948 births Living people German bankers German chief executives University of Hamburg alumni Deutsche Bank people