Stoltenberg will join Deutsche Bank in April, a year after Ralf Bedranowsky departed for DVB as the successor to Dagfinn Lunde.

Armin von Falkenhayn, co-head of corporate banking and securities for Germany, said:  “Deutsche Bank is well positioned to continue offering its shipping clients superior banking and financing solutions over the coming years.

"With Klaus Stoltenberg we will further strengthen this segment and connect lending and capital markets business in the best interest of our clients.”

Deutsche