Deutsche Bank has appointed Elizabeth Ford (Jan) as its newest Managing Director and Head of Compliance – Americas, following a 25-year stint with Goldman Sachs, as the bank moves to fortify its compliance division.
Virtually every leading bank has been active in its hires in H2 of 2014, likely in an attempt to mitigate a lingering stigma garnered from a string of global probes centering on LIBOR and FX rate manipulation allegations.
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In her new role at Deutsche Bank, Miss Ford will be based in New York and report to Nadine Faruque. Miss Faruque will herself be joining the Deutsche Bank as Global Head of Compliance and Member of the Group Executive Committee
Miss Ford will be succeeding Eric Gallinek, who was previously the bank’s Head of Compliance, Americas and has since relocated to London. Prior to joining Deutsche Bank, Miss Ford spent 25 years at Goldman Sachs in a variety of senior level roles, including Global Head of Compliance, among others.
According to Jacques Brand, CEO of Deutsche Bank North America and Member of the Group Executive Committee, in a recent statement on the appointment, “As we fortify our management team across all critical infrastructure areas to support our growing US business, we look forward to the insight Jan will bring to the Bank. In addition we’d like to thank Eric for his contributions and wish him well in London.”