Deutsche Bank names German wealth management heads

Deutsche Bank’s Anke Sahlén and Daniel Kalczynski have been promoted to co-heads of German wealth management and will also run private bank Sal Oppenheim and the Deutsche Oppenheim family office.

Both are Deutsche Bank veterans, with Kalczynski joining the bank in 1990, and Sahlén in 1993.

Kalczynski has managed the German wealth management unit on an interim basis since April this year, in addition to serving as chief operating officer. Prior, he was head of asset and wealth management in Germany.

Since joining Deutsche, Sahlén (pictured) has focused on advising wealthy clients both nationally and internationally. She currently leads the wealth management team in Germany’s eastern region, and is a member of the management board for that region.

Deutsche Bank manages assets of €755 billion, as at March 31, 2016, of which €361 billion is managed by the wealth management unit.

Earlier this month, Nicolas Moreau was appointed to head of asset management. Last year, a significant restructuring saw the group’s asset and wealth management divisions split.

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