Deutsche Bank Taps Citigroup Alum as Compliance Officer

Deutsche Bank has announced that Pamela Root will join its London office in June as the global head of compliance and group chief compliance officer.

Root, an alum of Goldman Sachs and Sullivan & Cromwell, most recently served as Citigroup’s chief compliance officer for the global institutional client group. She held that position since 2009.

As others have noted , many banks are beefing up their compliance departments in response to new financial regulations passed after 2008 that increase fines and penalties. Here’s how Root described her area of expertise in a panel discussion at New York University School of Law, her alma mater, in 2014:

[Root] agreed that compliance was “a hot, ...