John Cryan

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John Cryan
Occupation Chief Executive Officer
Employer Deutsche Bank

John Cryan is the chief executive officer of Deutsche Bank. He was appointed to that position in June 2015. He was previously chief financial officer at UBS.

He joined Deutsche Bank role after the previous co-chief executives, Anshu Jain and Jürgen Fitschen, resigned. Fitschen stayed on for another year along with Cryan, who then became the bank's sole chief executive in 2016.[1]

Background

Cryan took over as chief financial officer at UBS in 2008, during the worst of the financial crisis. The company then underwent a radical restructuring and went on to write off $50 billion.

At UBS, he advised ABN Amro on its defense against takeover efforts in 2007 and worked at Standard Chartered on multiple acquisitions, including Manhattan Card from Chase Manhattan Bank in 2000 and Nakornthon Bank in Thailand in 1999. He was the bookrunner of the initial public offering on the Bank of China. He rose to chairman and chief executive for UBS Europe, the Middle East and Africa, as well as CFO.

He left UBS in 2011 and the following year became head of Europe at Temasek, the sovereign wealth fund of Singapore, where he stayed for two years.

He was trained as an accountant and joined SG Warburg in 1987. He stayed there as it became part of UBS. He also lived in Germany for a period of his banking career and speaks German.

Education

References

  1. High Hopes for John Cryan, Deutsche Bank’s New Chief, Known for His Pragmatism. The New York Times Dealbook.