LONDON - Jacques Brand was appointed chief executive of Deutsche Bank's North American operations on Thursday.
Mr. Brand, 52, also will join the German bank's group executive committee, according to a statement from the firm. He previously was global head of investment banking coverage and advisory in Deutsche Bank's corporate banking and securities unit.
Mr. Brand replaces Seth Waugh, who will now join the bank's Americas advisory board.
The European firm also said on Thursday that Bill Woodley, 46, would become Deutsche Bank's deputy chief executive of North America.
