Deutsche Bank adds to technology and operations 20 August 2014London Reporter: Catherine Van de Stouwe
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To strengthen its technology and operations departments, Deutsche Bank is welcoming Richard Shannon and Scott Marcar to its senior teams.
Shannon is set to join in October as Americas chief information officer (CIO) and co-head of group for technology and operations (GTO) Americas.
Joining from Goldman Sachs, Shannon will support the bank’s compliance and regulatory technology initiatives. He will be based in New York.
Marcar, also joining in October, has been appointed head of IT infrastructure and will be responsible for designing, operating and modernising the bank’s infrastructure to drive greater security, stability and cost efficiency.
He joins Deutsche Bank from Royal Bank of Scotland and will be based in London.
Both Shannon and Marcar will report to Kim Hammonds, global CIO and global co-head of GTO.
Hammonds said: “Shannon and Marcar are strong technology leaders who will add to our deep bench of technical expertise. Their skills and experience will prove invaluable as the bank continues to enhance its IT platform while strengthening controls.”
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