Deutsche Bank has hired former insurance executive Dominik Hennen to lead its newly created personal banking division. The new business unit will consist of the retail activities of both the Deutsche Bank and Postbank brands, and will serve around 19 million customers.
Mr Hennen joins from global insurance group Talanx, where he was most recently chief transformation officer of its German retail division. As a member of the management board of its subsidiary HDI Versicherungen, he was responsible for the digital and agile transformation of its German organisation.