Deutsche Bank CEO re-elected as leader of German banking lobby

DPA
·1 min read
Christian Sewing, CEO of Deutsche Bank and President of the Association of German Banks (BdB), speaks at the opening conference of the "Euro Finance Week" at the Kongresshaus Kap Europa. Sewing has been elected to another three-year term as president of the influential BdB. Arne Dedert/dpa
Christian Sewing, CEO of Deutsche Bank and President of the Association of German Banks (BdB), speaks at the opening conference of the "Euro Finance Week" at the Kongresshaus Kap Europa. Sewing has been elected to another three-year term as president of the influential BdB. Arne Dedert/dpa
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The chief executive of German banking giant Deutsche Bank, Christian Sewing, has been elected to another three-year term as president of the influential Association of German Banks (BdB).

The BdB board unanimously elected Sewing for a second term on Thursday, the Berlin-based banking industry lobby group announced.

Sewing has held the role of chief lobbyist for private banks in Germany since July 1, 2021. He took over the post from Berenberg Bank executive Hans-Walter Peters.

The BdB represents the interests of privately owned banks in Germany. The association's members include not only large, internationally active banks like Deutsche Bank, but also regional banks and foreign institutions with a presence in Germany.

According to BdB, the association has 152 banks as members, as well as 18 fintech companies and seven regional banking associations.