Deutsche Bank has appointed Stephan Wilken as its anti-financial-crime head and group anti-money-laundering officer.

Wilken has been at the bank for almost 24 years and was most recently its global head of enterprise risk management and model risk.

He has held various positions in the bank’s risk division in Germany, the UK and India including that of Chief Risk Officer for Private and Business Clients, in which capacity he was in charge of a 'risk integration' with Postbank. He also headed up Asset Management Risk, and Credit Risk and Compliance Operations, and worked for several years as senior credit officer in Emerging Markets.

In his new job he reports to Chief Regulatory Officer Sylvie Matherat and is a member of her senior management team.