Deutsche Bank hired a London data MD & its ex-chief data officer resurfaced in Italy
The leadership in Deutsche Bank's chief data office has become increasingly American as of late. Multiple European data MDs have left this year, and New York based Eugene Gilerson assumed the role of the bank's global chief data officer in June. Now, at last, Deutsche Bank's London team has a new data MD arriving.
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Saloni Sharma joined Deutsche Bank this week as a London-based MD and head of data strategy and governance, within Deutsche Bank's chief data office. Sharma spent the past six years with telecommunications firm BT, where she was COO of data, AI and cloud computing, but is a previous banking MD. She was formerly a transformation MD at NatWest Markets, and head of front office controls and conduct transition at RBS.
Deutsche Bank's woes with risk and controls are well known. Most recently, it was fined $186m by the US Federal Reserve in 2023 over money laundering controls, which came with a command to improve its risk and data management systems.
As Sharma arrives at Deutsche Bank, its former group chief data officer Anabel Almagro has reappeared elsewhere. We reported that she left the bank last month when Gilerson was promoted; yesterday, she revealed that she's joining Italian bank UniCredit in Milan, working under Andrea Orcel as its group chief data and AI officer.
Sharma may be a replacement for another MD, Marie Lauri, who was Deutsche Bank's head of data risks and controls before leaving for SocGen in March. She previously likened her role to climbing Mount Everest in its toughest moments; Sharma may need some crampons.
Deutsche Bank declined to comment
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