Where are they now? Michael Philipp, former head of global asset management at Deutsche Bank, hands me a business card that reads: “Vision Fuel Services, Peachtree Street, Atlanta”, a company of which he is “principal”. Is it an opticians or a fuel supplier? “It’s my son’s business,” he says, none too helpfully.
According to its website, Vision Fuel’s mission is “to bring
fundamental research discipline, strategic consulting excellence, and a
focus on relationship management to the Alternative Investment Market”.
It’s just one of Mr Philipp’s retirement projects.
Another is an advisory board role for the Dubai International Finance
Centre (DIFC). The DIFC press blurb lists him as chairman of AN Group
UK Ltd, a media company he formed with Dave Stewart of pop group
Eurythmics.
Nothing if not diverse, Mr Philipp was one of the high fliers that the
late Edson Mitchell took with him from Merrill Lynch to build Deutsche
Bank’s sales and trading divisions.
Does he miss banking?
“I would not want to be sitting on the board of a major bank right
now,” he says. “There are so many new rules and regulations, and
potential liabilities to watch out for.”
Brian Caplen
