A new executive committee of Deutsche Bank’s corporate banking and securities division has been named by the two recently-appointed co-heads of the unit, Colin Fan and Rob Rankin.

Fan and Rankin, who were formally appointed as co-chief executives of the CB&S division yesterday at the German bank's annual general meeting, this afternoon set out their team in a statement. The duo replace Anshu Jain who also formally stepped up to become the overall group co-chief executive. alongside Jürgen Fitschen.