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Former Deutsche Bank executive appointed CEO of crypto bank

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Former Deutsche Bank executive appointed CEO of crypto bank

Former Deutsche Bank AG executive Kenan Altunis was appointed CEO of Malta-based Founders Bank, effective upon the cessation of his Deutsche Bank commitments in early June.

Founders Bank plans to service the tech industry, including by using blockchain and other emerging technologies. It plans to offer its services in Europe and beyond once it obtains a license from the Malta Financial Services Authority.

Altunis, whose last role was global co-head of Deutsche's institutional client group, will lead a team of senior executives with experience in banking and corporate finance.

He left the Deutsche Bank to pursue other opportunities following the restructuring of the bank's executive roles in 2017.