Deutsche Bank’s Supervisory Board has appointed Marcus Chromik as Chief Risk Officer and Member of the Management Board, effective May 20, 2025.

He will succeed Olivier Vigneron who recently informed the bank that he would not seek an extension of his contract, which expires on May 19, 2025.

Over the past 20 years, Marcus Chromik has held management positions in finance and risk management functions, including eight years as Commerzbank’s Chief Risk Officer. Marcus Chromik will join Deutsche Bank’s Management Board on May 1 before taking over full responsibility for the Risk function when Vigneron leaves the bank.

Marcus Chromik, who holds a PhD in nuclear physics, has spent more than 20 years in banking, starting at Postbank in 2004 where he held positions in Risk and capital markets. In 2009 he joined Commerzbank where he held senior management positions in risk management before being appointed Chief Risk Officer in 2016. In 2023 he decided not to renew his contract to pursue other interests.

Most recently he was a non-executive member of UniCredit’s Board of Directors, a mandate he has stepped down from as he joins Deutsche Bank.

Marcus Chromik said:

“It is a great honour for me to join the Management Board of Deutsche Bank, one of the leading financial institutions in Europe and one of the very few truly global banks. I am looking forward to helping navigate the volatile and fast-changing economic environment that is expected in coming years.”