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Clifford Chance corporate partner Daniela Weber-Rey has been appointed as chief governance officer and deputy global head of compliance at Deutsche Bank.
The bank announced her appointment to the newly created role today and Weber-Rey will start work on 1 June.
In the governance role, she will report to management board member Stephan Leithner and will have responsibility for the oversight of corporate governance globally, including acting as adviser to the management board on the bank’s governance structures and processes.
Meanwhile, she will report to Andrew Procter, Deutsche Bank’s global head of government and regulatory affairs, in the compliance role.
Weber-Rey has been a partner at Clifford Chance and legacy firm Pünder Volhard Weber & Axster for over 20 years. In 2010 she stood in the firm’s senior partner elections (6 September 2010), eventually losing out to Malcolm Sweeting.
She was also a member of Clifford Chance’s partnership council until earlier this year (25 February 2013).
Weber-Rey is the second partner from a magic circle firm’s German office to quit for a role in a financial institution this week, following the news that former Freshfields Bruckhaus Deringer senior partner Konstantin Mettenheimer is to become German chair of the Edmond de Rothschild Group (15 April 2013).