Business & Finance

Azzam steps down as MENA chairman: Deutsche

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DUBAI: Deutsche Bank said on Sunday that its Middle East, North Africa (MENA) Chairman Henry Azzam, a veteran in the region, has stepped down from his position at the German lender.

"We confirm that Henry Azzam has stepped down as MENA non- executive chairman of the bank. He remains as an advisor to Deutsche Bank," a spokesman said.

Azzam was named non-executive chairman of the bank in 2010. Prior to that he was chief executive of the bank's Middle East business.

Azzam was not immediately available for comment.

Copyright Reuters, 2012