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Deutsche nominates KBL CEO as board member; Unicredit, TP Icap promote execs

S&P Global Market Intelligence presents a daily roundup of management and board changes at financial institutions in Europe. This feature excludes C-level leadership changes and previously reported stories.

Deutsche Bank

Deutsche Bank AG nominated KBL European Private Bankers SA CEO Jürg Zeltner as a member of its supervisory board, following consultation with major shareholders as well as completion of an external search process.

The German bank said that Zeltner will be deemed a non-independent member of the supervisory board, given his association with KBL — a bank controlled by the al-Thani family of Qatar that also holds a stake in Deutsche.

Zeltner, who will reportedly represent the interests of the Qatari royal family on the supervisory board, should succeed Richard Meddings, who resigned from the board.


Italian lender UniCredit SpA promoted Francesca Beomonte to the position of global head of structured trade and export finance at the company, Global Trade Review reported.

Beomonte, who most recently led structured trade and export finance for UniCredit Italy, replaces Eriks Atvars, who will become the lender's global head of natural resources, the publication said.

Based in Milan, Beomonte and Atvars will take charge of their new roles on Sept. 1, where they will report to the bank's co-heads of global financing and advisory, Goffredo Guizzardi and Christian Reusch, the report said.

TP Icap

British broker TP Icap PLC promoted Michel Planquart, an ex-Citigroup Inc. banker, to run its business in Europe, the Middle East and Africa, Financial News reported.

Planquart, who was most recently TP Icap's global head of customer relationship management, will oversee culture, risk and governance in the EMEA region for the firm in his new role, according to the report.

Witan Investment Trust

U.K.-based Witan Investment Trust PLC appointed Gabrielle Boyle, a senior fund manager and the head of research at Troy Asset Management, as a nonexecutive director of the company, effective Aug. 16.