Deutsche Bank Heads into H2 2016 With Revamped Compliance Team
- Pamela Root and Peter Hazlewood will help steer Deutsche Bank's compliance operations heading into June.
The personnel changes at Deutsche Bank have shown no signs of abating, as the lender has unveiled a revamped compliance team that will see the appointment of Pamela Root and Peter Hazlewood, Finance Magnates has learned.
Ms. Root will join Deutsche Bank as its Global Head of Compliance with Mr. Hazlewood assuming the role of Group Chief Compliance Officer. Both individuals are expected to step into their new respective roles on June 6, and July 6, 2016.
The new world of Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term, Fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term and marketing - register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.
In her new role as the Global Head of Compliance at Deutsche Bank, Ms. Root will be based out of London, where she will report to Sylvie Matherat, the group’s Chief Regulatory Officer and Member of the Management Board. She joins Deutsche Bank from Citigroup after what has been a seven-year tenure – in this capacity she has worked as its Chief Compliance Officer for the Global Institutional Clients Group.
Prior to her role at Citigroup, she has also garnered senior level roles in the compliance realm at Goldman Sachs, dating all the way back to 1986. Amongst her many roles at Goldman, Ms. Root worked as the General Counsel to Global Compliance. She will be succeeding Nadine Faruque who recently parted ways with Deutsche Bank for personal reasons last month.
Trading Places
Mr. Hazlewood will join Deutsche Bank in July and will oversee multiple operations at the lender. This includes roles as its Global Head of Anti-Financial Crime and Group Money-Laundering Reporting Officer, whilst being based out of Frankfurt – like Ms. Root, he will also be reporting to Matherat.
Mr. Hazlewood comes to Deutsche Bank after cutting his teeth as a financial crime specialist for nearly three decades. This included roles at HSBC, JP Morgan, DBS and Standard Chartered, in each of which he held senior global anti-financial crime positions. In addition, he has worked in a variety of regulatory jurisdictions and locales, including Hong Kong, Singapore, London, New York, and Bahrain. Mr. Hazlewood will succeed Ulrich Göres who left Deutsche Bank back in January this year.
According to Matherat in a recent statement on the appointments: “Robust and effective controls are essential to our business practice. Compliance and AFC are key functions to ensure that we manage our business activities to high standards at all times. I am very pleased that with Pamela Root and Peter Hazlewood we are gaining two widely respected and very experienced experts to head these important functions.”
The personnel changes at Deutsche Bank have shown no signs of abating, as the lender has unveiled a revamped compliance team that will see the appointment of Pamela Root and Peter Hazlewood, Finance Magnates has learned.
Ms. Root will join Deutsche Bank as its Global Head of Compliance with Mr. Hazlewood assuming the role of Group Chief Compliance Officer. Both individuals are expected to step into their new respective roles on June 6, and July 6, 2016.
The new world of Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term, Fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term and marketing - register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.
In her new role as the Global Head of Compliance at Deutsche Bank, Ms. Root will be based out of London, where she will report to Sylvie Matherat, the group’s Chief Regulatory Officer and Member of the Management Board. She joins Deutsche Bank from Citigroup after what has been a seven-year tenure – in this capacity she has worked as its Chief Compliance Officer for the Global Institutional Clients Group.
Prior to her role at Citigroup, she has also garnered senior level roles in the compliance realm at Goldman Sachs, dating all the way back to 1986. Amongst her many roles at Goldman, Ms. Root worked as the General Counsel to Global Compliance. She will be succeeding Nadine Faruque who recently parted ways with Deutsche Bank for personal reasons last month.
Trading Places
Mr. Hazlewood will join Deutsche Bank in July and will oversee multiple operations at the lender. This includes roles as its Global Head of Anti-Financial Crime and Group Money-Laundering Reporting Officer, whilst being based out of Frankfurt – like Ms. Root, he will also be reporting to Matherat.
Mr. Hazlewood comes to Deutsche Bank after cutting his teeth as a financial crime specialist for nearly three decades. This included roles at HSBC, JP Morgan, DBS and Standard Chartered, in each of which he held senior global anti-financial crime positions. In addition, he has worked in a variety of regulatory jurisdictions and locales, including Hong Kong, Singapore, London, New York, and Bahrain. Mr. Hazlewood will succeed Ulrich Göres who left Deutsche Bank back in January this year.
According to Matherat in a recent statement on the appointments: “Robust and effective controls are essential to our business practice. Compliance and AFC are key functions to ensure that we manage our business activities to high standards at all times. I am very pleased that with Pamela Root and Peter Hazlewood we are gaining two widely respected and very experienced experts to head these important functions.”