By Giulia Petroni
Deutsche Bank said late Friday that global Head of Human Resources and Real Estate Michael Ilgner has decided to leave the company.
The German bank said Ilgner’s leave will be effective on Sept. 30 and that a successor will be announced in due course.
Earlier this year, several news outlets reported that Deutsche Bank launched an investigation into the purchase of the company’s bonds by a senior executive, and that a filing showed that Ilgner bought the company’s bonds just days before the lender reported earnings.
Deutsche Bank wasn’t immediately available to comment on the state of the reported probe when contacted by Dow Jones.
The news of Ilgner’s departure has come amid a number of management changes at the bank in the last few months.
Write to Giulia Petroni at [email protected]
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