Deutsche Bank Seems to Lack Essential Elements for Further Upsurge
Deutsche Bank's New CFO to Lead Beyond 2025 Strategy
Deutsche Bank has announced that Raja Akram, a seasoned finance professional with experience at Morgan Stanley and Citigroup, will take over as the bank's Chief Financial Officer (CFO) starting in 2026. Akram is expected to play a significant role in implementing the bank's new strategy beyond 2025.
James von Moltke, the current CFO, will be leaving Deutsche Bank in the first half of 2026 at his own request. Akram's appointment consolidates leadership credibility as part of Deutsche Bank’s efforts to ensure long-term stability and operational efficiency beyond 2025.
Under Akram's leadership, the bank aims to sustain the financial discipline underpinning its ongoing turnaround, building on the foundations set by his predecessor who oversaw restructuring. Akram's international banking expertise contributes to the bank’s focus on profitability and cost discipline to maintain solid returns.
Deutsche Bank's current strategy, running until the end of this year, focuses on growth and a share of profits for shareholders. The bank's performance this year has been impressive, with its stock breaking through the 30.00 euro mark and having further potential. The bank is in third place in the Euro-Stoxx-Banks sector index and ranks fourth in the DAX benchmark index.
In the coming years, Akram, alongside CEO Christian Sewing, will be responsible for developing and executing the new strategy. The market may have higher expectations for Deutsche Bank in the medium term, especially on the topics of growth and shareholder profits.
Deutsche Bank's strong performance this year is not limited to its stock price. Other German companies, such as Rheinmetall and Commerzbank, have also seen their share prices more than double this year. Rheinmetall, in particular, stands as the top performer with a performance of 154 percent, followed closely by Commerzbank with a performance of 120 percent.
Investors should consider staying the course with Deutsche Bank, and a new entry can be considered on weak days. Historically good numbers and a re-rating of the long-term fundamental undervaluation have boosted Deutsche Bank's price. A different topic could drive Deutsche Bank's price in the coming quarters.
Akram is set to start at Deutsche Bank on October 1, ensuring a smooth transition. Akram, currently responsible for the finance department at Morgan Stanley, has been determined as von Moltke's successor.
In conclusion, Deutsche Bank's appointment of Raja Akram as CFO is a strategic move aimed at maintaining financial discipline, ensuring long-term stability, and driving growth and profitability. With Akram's international banking expertise and focus on profitability and cost discipline, investors can look forward to a promising future for Deutsche Bank beyond 2025.
[1] Deutsche Bank press release, [link to the press release]
- Raja Akram, the incoming Deutsche Bank CFO, will not only implement the bank's strategy beyond 2025 but also focus on sustaining financial discipline and driving growth through his international banking expertise in investment and cost discipline.
- Akram's appointment as the new Deutsche Bank CFO is a crucial step towards maintaining long-term stability, ensuring operational efficiency, and positioning the bank for profitability and shareholder returns, making it an attractive venture for both current and new investors.
