Deutsche Bank names Eigendorf new chief sustainability officer

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Eigendorf had previously also overseen Deutsche’s communications division, but he is handing over those duties to focus fully on sustainability.

“Sustainability is a critical success factor for our bank and a central element in our Global Hausbank strategy,” said Chief Executive Officer Christian Sewing, to whom Eigendorf will report.

The change is effective Sept. 1.

Activists last month called on Deutsche Bank to do more to stop financing fossil fuel companies.