July 9, 2025 — Deutsche Bank has announced a strategic restructuring of its private banking operations, consolidating services for wealthy and high-net-worth clients under a single wealth management division. This move is designed to improve efficiency, elevate client service, and enhance digital capabilities across its global private banking platform.

New Structure to Streamline Wealth Management

The newly unified division aims to streamline operations by reducing management layers and aligning services to better support both affluent individuals and entrepreneurial families. The consolidation reflects Deutsche Bank’s commitment to providing personalized, holistic wealth advice, whether clients are focused on digital investing or complex family asset planning.

“With this new team, we are strengthening our claim to holistic advice,” said Raffael Gasser, head of Deutsche Bank Wealth Management Germany. “We’re offering clients real solutions to the crucial question of how to transfer wealth to the next generation.”

Launch of Wealth Planning Germany

A key part of the restructure is the launch of a dedicated Wealth Planning Germany division, led by Lisa-Marie Wohrle, who joins from UBS where she led the same function. Her team will focus on:

  • Managing complex family assets

  • Retirement and pension planning

  • Facilitating intergenerational wealth transfer

Wohrle will report directly to Corrado Palmieri, head of advisory and sales for wealth management in Germany.

Focus on Entrepreneurial Families and Regional Alignment

To deliver more integrated advice, Deutsche Bank is adopting a six-region structure, mirroring its approach to mid-sized businesses. This allows the corporate and wealth management divisions to collaborate more closely in serving business owners and family enterprises.

The bank is also expanding its high-net-worth client team, led by Stefanie Ruhl-Hoffmann, with plans to double the number of advisors to meet rising demand from clients with complex business and private asset needs.

Investment in Digital Wealth Solutions

Recognizing the growing influence of digitally-savvy affluent clients, Deutsche Bank is investing heavily in digital platforms. The bank is building a dedicated digital entity that will merge personal advisory services with tech-enabled interactions, improving accessibility and responsiveness for modern investors.

Naveed Arshad, formerly of Hauck Aufhauser Lampe, will lead the bank’s digital wealth solutions strategy, focusing on seamless integration between tech and client service.

Key Appointments Signal Strategic Growth

Deutsche Bank is bolstering its leadership team with several key hires:

  • Nasim Amini will join in January 2026 as head of the Southern region, bringing experience from HypoVereinsbank and Commerzbank.

  • Lisa-Marie Wohrle assumes her new role in wealth planning with deep expertise in estate strategy.

  • The digital and advisory teams continue to grow in response to evolving client expectations.

International Expansion Continues

In May, Deutsche Bank received a financial services license from the Financial Services Regulatory Authority (FSRA) in the Abu Dhabi Global Market (ADGM). This license authorizes the bank to conduct regulated financial activities in the UAE’s international financial hub, strengthening its presence in the Middle East.