Deutsche Bank Replaces Spain CEO Amid Revamp of Europe Units

Photographer: Daniel Roland/AFP/Getty Images

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Deutsche Bank AG appointed a new chief executive officer for its Spanish unit amid a revamp of its operations in several European countries.

Inigo Martos will replace Antonio Rodriguez-Pina in July, the bank said in an internal memo seen by Bloomberg and confirmed by a spokesman. Martos will also become head of the lender’s retail and wealth management unit in the country in January. Rodriguez-Pina will now “focus” on his role as chairman of the Spanish subsidiary.