Deutsche Bank appoints global heads in transaction banking

Deutsche Bank has appointed Marcus Sehr as its new global head of cash management for financial institutions. He has been at the bank for 12 years and was previously global chief operating officer. In his new role Sehr is responsible for overseeing Deutsche Bank’s cash management strategy, profit and loss, delivery of end-to-end solutions and risk management within the cash management for financial institutions business of the bank’s global transaction banking (GTB) arm. He is based in Frankfurt and reports to Satvinder Singh, Deutsche Bank’s global head of trust and securities services and cash management for financial institutions.