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McKinsey executive to lead Deutsche Bank's risk control unit

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FRANKFURT, Germany, Dec. 9 (Xinhua) -- Germany's largest bank Deutsche Bank announced on Monday it has hired an executive from consulting firm McKinsey to lead its risk control unit.

Thomas Poppensieker, 43, will lead the bank's efforts to further strengthen its control framework across business divisions and infrastructure functions, according to a statement by the Deutsche Bank.

Poppensieker, a director leading risk management practice in Germany for McKinsey


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