DUBAI -- Deutsche Bank said Sunday that Henry Azzam, the chairman of its Middle East and North Africa (MENA) operations -- one of the region's most senior bankers -- has stepped down.
A spokesperson for the group confirmed the news when contacted by Zawya Dow Jones. Azzam referred to the bank when called for comment.
He will remain with the bank as an adviser, the Deutsche Bank spokesman said.
Azzam became nonexecutive chairman for the German banking heavyweight for the MENA region in 2010. Before that, he was chief executive of Deutsche Bank's Middle East business since 2007.
Azzam, an economist, was a high-profile banker who represented the bank at conferences and international events.
Deutsche Bank, Henry Azzam, Zawya Dow Jones, East and North Africa, MENA, MENA region, Azzam, operations
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