Alexander von zur Mühlen played a key role in Deutsche's radical restructuring unveiled in July 2019

Deutsche Bank has promoted a key architect of its sweeping restructure to lead its operations in Asia-Pacific.

Alexander von zur Mühlen, currently the German lender's head of group strategy, is set to take over from Werner Steinmüller as chief executive of its Asian business in August, the bank said in a statement.

Deutsche Bank names strategy chief as new Asia-Pacific head

Paul Clarke

Deutsche Bank

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