Deutsche Bank’s Henry Azzam Steps Down

Henry Azzam, Chairman of Middle East and North Africa (MENA) region at Deutsche Bank, has stepped down, the German lender said.

“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, Reuters reported.