Following the departure of Deutsche Bank’s compliance and regulatory affairs chief Andrew Procter to Herbert Smith Freehills (HSF) in March, the investment bank has hired Banque de France’s Sylvie Matherat as its new global head of regulatory affairs, taking over some of Procter’s former responsibilities.
Matherat, who was the French central bank’s deputy director general of operations and director for financial stability, is set to start her position on 1 August and will lead an expanded government and regulatory affairs function with responsibility for regulatory adherence and implementation, relationship management, and advocacy. The bank has yet to confirm who will become its new head of compliance.
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