Sal Oppenheim, the Luxembourg-headquartered private bank which was purchased by Deutsche Bank earlier this year, has appointed Dr Gregor Broschinski to its executive board in a move which represents the extension of the board’s divisional responsibility to private wealth management.

Dr Broschinski is an expert in the field of exclusive wealth management, having worked for 22 years in the private client business at several German banks, Sal Oppenheim said in a press statement.

In 2008, he was appointed to the executive committee, private wealth management Deutschland at Deutsche Bank, where he was most recently responsible for client management and in particular key account business with high net worth private clients and family offices, as well as legal persons and foundations.

Prior, he was responsible for the private client business at NordLB Group, the Hannover-headquartered banking group. This role also included group-wide duties.