John Cryan

Last updated

John Cryan
JCryan.jpg
John Cryan, 2017
Born
John Michael Cryan

(1960-12-16) 16 December 1960 (age 63)
Sunderland, United Kingdom
NationalityBritish
Alma mater Cambridge University
OccupationBanker
TitleFormer CEO, Deutsche Bank
Term2015-18
Successor Christian Sewing
SpouseMary Cryan

John Michael Cryan (born 16 December 1960) is a British businessman. From July 2015 to April 2018 he was chief executive of Deutsche Bank AG in Frankfurt am Main.

Contents

Early life

John Michael Cryan [1] was born on 16 December 1960 in Sunderland. [2] He is a graduate of the University of Cambridge. [3]

Career

Cryan worked for Arthur Andersen and then joined S.G. Warburg in London in 1987, before he was appointed group chief financial officer at UBS AG in September 2008. [4] Cryan was head of UBS's financial institutions group. In the autumn of 2008, he advised the UBS board of directors on the financial crisis. [5]

In 2011, Cryan left UBS for personal reasons. [6] In January 2012, he joined Singapore's investment company Temasek as president for Europe. [7] Cryan became a non-executive director of Man Group in January 2015. [1]

Cryan was appointed co-chief executive officer of Deutsche Bank in June 2015, [8] [9] a position he shared with Jürgen Fitschen until May 2016, when he became sole CEO. [10]

On 8 April 2018, Cryan was replaced by Christian Sewing as chief executive at Deutsche Bank. [11] In April 2019, Cryan became a director at X Cyber Group LTD in the UK. [12] In September, it was announced that he would succeed Ian Livingston as chairman of Man Group. [13]

Personal life

Cryan and his wife Mary purchased a home in Annapolis, Maryland, US, in 2009. They have a home in London as well, and no children. [14] He speaks German fluently. [15]

Related Research Articles

<span class="mw-page-title-main">Deutsche Bank</span> German banking and financial services company

Deutsche Bank AG is a German multinational investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed on the Frankfurt Stock Exchange and the New York Stock Exchange.

<span class="mw-page-title-main">Josef Ackermann</span> Swiss banker

Josef Meinrad Ackermann is a Swiss banker, former chairman of the Bank of Cyprus, and former chief executive officer of Deutsche Bank. He has also been a member of the Washington-based financial advisory body, the Group of Thirty.

<span class="mw-page-title-main">Axel A. Weber</span> German economist, professor, and banker

Axel Alfred Weber is a German economist, professor, and banker. He is currently a board member and chairman of Swiss investment bank and financial services company, UBS Group AG, and has announced his resignation effective 7 April 2022.

<span class="mw-page-title-main">Anshu Jain</span> British businessman (1963–2022)

Anshuman Jain was an Indian-born British business executive. From 2017 to 2022, he was the president of the American financial services firm Cantor Fitzgerald.

<span class="mw-page-title-main">Peter Voser</span> Swiss businessman

Peter Robert Voser is a Swiss businessman, who is the chairman of the Swedish-Swiss company ABB. He was the CEO of the Dutch-British corporation Royal Dutch Shell from July 2009 to December 2013. He was interim CEO of ABB from April 2019 to February 2020. He started his career at Royal Dutch Shell in 1982, working in a number of finance and business roles in different countries. From 2002 to 2005 he was chief financial officer for ABB and Royal Dutch Shell. In 2004, he was appointed Royal Dutch Shell's chief financial officer (CFO) and then CEO in July 2009.

Nelson Joosuk Chai is an American investment banker and financial executive. He formerly served as the chief financial officer of American financial services company Merrill Lynch and briefly as Bank of America's president for the Asia-Pacific region. He is the former president of CIT Group and reported directly to then CEO John Thain. On August 21, 2018, it was announced that Chai has been hired as the chief financial officer of Uber.

<span class="mw-page-title-main">Oswald Grübel</span> German banker (born 1943)

Oswald Jürgen Grübel is a German banker who was the group chief executive officer of Swiss bank UBS AG from 26 February 2009 until his sudden resignation on the 24 September 2011 in the wake of the 2011 UBS rogue trader scandal. Previously, he has been head of Credit Suisse between 2003 and 2007.

<span class="mw-page-title-main">Ulrich Körner</span> German-Swiss business person (born 1962)

Ulrich Körner is a German-Swiss businessman. In March 2021, he was named CEO Asset Management of Credit Suisse until July 2022, when he was appointed CEO of Credit Suisse AG.

<span class="mw-page-title-main">Rupert Stadler</span>

Rupert Stadler is a German businessman and former chairman of the Vorstand (CEO) of Audi AG. He was arrested in June 2018 in connection with the Volkswagen emissions scandal. He was in custody in Germany until being released at the end of October 2018. In July 2019, Stadler was charged with fraud by prosecutors in Munich.

<span class="mw-page-title-main">Center for Financial Studies</span>

The Center for Financial Studies (CFS), located in Frankfurt am Main, is an independent research institute affiliated to the Goethe University. CFS conducts independent and internationally oriented research on important topics in finance. It serves as a forum for dialogue between academia, policy makers and the financial industry. It also provides a platform for high-level basic as well as applied research of relevance to the European financial sector.

<span class="mw-page-title-main">Jürg Zeltner</span> Swiss businessman (1967–2020)

Jürg Zeltner was a Swiss corporate executive. He last served as Group CEO and member of the Board of Directors at KBL European Private Bankers. He was earlier the President of UBS Wealth Management from November 2014 to December 2017. He stepped down from the Group Executive Board at the end of 2017, and retired from the firm as of 2018. He had served as a member of the UBS Group Executive Board since February 2009. From February 2009 to January 2012 he was co-CEO of Wealth Management and Swiss Bank. In February 2016, Zeltner ranked first among the best global private banking CEOs, according to a 2016 Euromoney private banking survey.

<span class="mw-page-title-main">Sergio Ermotti</span> Swiss banker

Sergio Pietro Ermotti is a Swiss manager and investment banker. In April 2021, Ermotti was elected Chairman of Swiss Re, one of the world's largest reinsurance companies, succeeding Walter Kielholz. He was the Group Chief Executive Officer (CEO) of UBS Group AG from November 2011 to October 2020 and regained that position in 2023. He is also a board member of the Institute of International Finance.

<span class="mw-page-title-main">Paul Achleitner</span> Austrian businessperson

Paul M. Achleitner is an Austrian businessman who served as chairman of the supervisory board of Deutsche Bank from 2012 to 2022.

<span class="mw-page-title-main">Jürgen Fitschen</span>

Jürgen Fitschen, sometimes rendered Juergen Fitschen in English, is a German banker who served as co-CEO of Deutsche Bank from 2012 to 2016. He served alongside Anshu Jain until 2015 and John Cryan from 2015. He was president of the Association of German Banks from 2013 to 2016.

<span class="mw-page-title-main">Ruth Porat</span> American businessperson (born 1958)

Ruth Porat is a British–American business executive who is the President and Chief Investment Officer of Alphabet and its subsidiary Google, LLC and prior to that was Chief Financial Officer of the same companies from 2015 to 2024. Prior to joining Google, Porat was the Executive Vice President & Chief Financial Officer of Morgan Stanley from January 2010 to May 2015.

Beth Elaine Mooney is an American financial executive who is the first woman to be CEO of a top-20 U.S. bank. On May 1, 2011 KeyCorp named Mooney its chairwoman and chief executive officer of the Cleveland, Ohio-based bank. From November 2010 until May 1, 2011, she was the president and the chief operating officer at KeyCorp.

Carsten Kengeter is the former CEO of Deutsche Börse. He was the chief executive officer and Head of the management board of Deutsche Börse AG from June 1, 2015, to Jan 1, 2018.

Thomas C. Naratil is an American business executive in the financial industry. After serving as president of both UBS Wealth Management Americas and UBS Americas since early 2016, Naratil was appointed CEO of UBS Americas Holding LLC and became co-president of Global Wealth Management of UBS Group AG and UBS AG in early 2018.

<span class="mw-page-title-main">Christian Sewing</span> German banker (born 1970)

Christian Sewing is a German banker who currently serves as the CEO of Deutsche Bank. He has been a member of the management board since 1 January 2015. On 8 April 2018 he was appointed chief executive officer (CEO) of Deutsche Bank.

<span class="mw-page-title-main">Andrea Orcel</span> Italian investment banker (born 1963)

Andrea Orcel is an Italian investment banker who is CEO of UniCredit. He was the president of UBS Investment Bank from November 2014 to September 2018. He was poised to take on the role of Chief Executive of Banco Santander from September 2018 to January 2019; however, the job offer was withdrawn which resulted in him taking legal action against Santander. In December 2021, a judge awarded him €68m in compensation, including €10m for moral damages. Orcel started his own boutique investment bank before taking the role at UniCredit.

References

  1. 1 2 "Man Group plc". Companies House. Retrieved 29 October 2015.
  2. Wall, Matthew (8 June 2015). "Who is Deutsche Bank's new 'outsider' British boss?". London: BBC. Retrieved 8 June 2015.
  3. Zimmermann, Nils. "John Cryan, Deutsche Bank's new broom | DW | 08.06.2015". DW.COM. Retrieved 4 November 2019.
  4. "John Cryan Profile Forbes". Forbes. Archived from the original on 21 May 2014. Retrieved 5 August 2013.
  5. Boyle, Catherine (13 August 2008). "Business Big Shot John Cryan". London: Timesonline. Archived from the original on 12 June 2011. Retrieved 13 August 2008.
  6. Venkat, P. R. (4 January 2012). "Temasek Taps Former UBS CFO as Europe President". Wall Street Journal. ISSN   0099-9660 . Retrieved 8 November 2019.
  7. "Temasek Hires Ex-UBS CFO John Cryan as President for Europe". 4 January 2012. Archived from the original on 18 January 2012.
  8. Strasburg, Jenny; Henning, Eyk; Strasburg, Jenny (7 June 2015). "New Deutsche Bank CEO John Cryan Expected to Continue Cost Cutting Drive". Forbes. Wall Street Journal. Retrieved 8 June 2015.
  9. "Deutsche Bank Appoints John Cryan to Replace Jain, Fitschen". Frankfurt am Main: BloombergBusiness. 7 June 2015. Retrieved 7 June 2015.
  10. Deutsche Bank CEO steps down. usatoday.com. Retrieved 7 June 2015
  11. Deutsche Bank Replaces C.E.O. Amid Losses and Lack of Direction. nytimes.com. Retrieved 9 April 2018
  12. Arons, Steven (25 April 2019). "Deutsche Bank Ex-CEO Cryan Joins Small IT Security Firm's Board". Bloomberg.
  13. Thompson, Jennifer (16 September 2019). "Former Deutsche Bank chief John Cryan to chair Man Group". Financial Times.
  14. "Deutsche Bank's Surprise CEO Pick Brings Turnaround Record". Frankfurt am Main: BloombergBusiness. 8 June 2015. Retrieved 8 June 2015.
  15. ""Moral is absolutely Kernaufgabe" (Morale is Absolutely Core Task)". Frankfurt am Main: Frankfurter Allgemeine Zeitung. 29 October 2015. Retrieved 29 October 2015. (in German)