Deutsche Bank Appoints New Head of Global Cash Services
Wolfgang Gaertner has been appointed as the new head of Deutsche Bank’s Global Cash Services, which offers Global Cash Management and Bank Export Finance services to Financial Institutions worldwide. He will replace Larry Klane, who recently decided to leave Deutsche Bank to pursue another career opportunity at a consumer financial services company. Mr. Gaertner will manage Global Cash Services worldwide from Frankfurt. He will report to James Zeigon, chief executive officer of Global Institutional Services, based in New York. Mr. Gaertner has been the Head of Global Cash Operations for Deutsche Bank since joining the Bank in 1998. In addition to integrating the Bankers Trust operation into Deutsche Bank, Mr. Gaertner has been globally responsible for cash clearing worldwide. Prior to joining Deutsche Bank, Mr. Gaertner worked 12 years for Commerzbank in IT architecture, development, and product management.