Monday, 12 August 2019

Former UBS banker to represent #Qatar on Deutsche supervisory board: sources - Reuters

Former UBS banker to represent Qatar on Deutsche supervisory board: sources - Reuters:

Juerg Zeltner, a former UBS (UBSG.S) manager, is set to become a member of Deutsche Bank’s (DBKGn.DE) supervisory board, two people with knowledge of the matter said on Monday.

In his new role, he will represent the interests of Qatar’s royal family - a top shareholder of the German lender -, the sources said.

Zeltner, a former head of UBS Wealth Management, was named earlier this year as the chief executive officer of KBL European Private Bankers (KBL epb), which is controlled by the Al-Thani family of Qatar.

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