PARIS Feb 20 Deutsche Bank appointed
its global head of mergers and acquisitions Thomas Piquemal as
chief country officer for France as well on Monday.
Piquemal, formerly EDF finance chief, joined
Germany's biggest bank, which made a loss last year and faces a
big bill for litigation, in May 2016.
As country chief for France, he succeeds Bruno Hallak, "who
has decided to leave the bank to pursue other interests,"
Deutsche Bank said in a statement.
"France is a key component of Deutsche Bank's strategy and
success in Europe," it said.
Deutsche has cut its workforce and reduced 2016 bonuses for
about a quarter of its staff as part of cost cuts.
Before joining Deutsche, Piquemal resigned from EDF after
disagreeing with the French utility's investment to build
Britain's Hinkley Point nuclear plant, a source told Reuters at
(Reporting by Maya Nikolaeva; Editing by Susan Fenton)