Management structure. The Board of Managing Directors of Deutsche Bank AG (Group Board) has as its prime responsibility the strategic management, resource allocation, risk management and control of the Group. It also performs its management and oversight duties through functional committees which it chairs. The Spokesman of the Group Board simultaneously holds the office of Chairman of the Group Executive Committee (GEC).
The GEC is made up of the members of the Group Board, the heads of the five core businesses (Business Heads), and (since autumn 2004) the Head of Regional Management who is simultaneously Chairman of the Management Committee Germany. The task of the GEC is to support the Group Board in its decision-making. At regular meetings, it reviews the development of the businesses, discusses matters of Group strategy and prepares recommendations for the Group Board.
Functional responsibility for the operational management of the Group Divisions lies with the respective Divisional Committees.
The Corporate Center supports the Board of Managing Directors in the performance of its tasks, including regulatory compliance.
