The bank has a new boss of its global anti-financial crime team, as the bank - along with its peers - deals with issues such as money laundering.

Deutsche Bank has promoted one of its senior managers to head up a global role of fighting financial crime, replacing an executive who is leaving for Denmark's embattled Danske Bank.

The manager, Stephan Wilken, holds the post of head of anti-financial crime and group anti-money laundering officer. The appointment takes effect from October 1 and he will report to Sylvie Matherat, the bank's chief regulatory officer.

Like some of its peers, Deutsche has been punished for AML systems failures. Last year, it was fined almost $700 million for helping Russians move money out of the country. In August last year the Frankfurt-listed lender, which operates in North America among other regions, acknowledged shortcomings in its controls.

Wilken has been with Deutsche Bank for almost 24 years and was most recently the global head of enterprise risk management and model risk. He has held posts in Germany, the UK and India, among others.

The change cames after Philippe Vollot, who took over the anti-crime role in January last year, moves to Dankse Bank, which in July said he was its new chief compliance officer. Danske, Denmark's largest bank, has been embroiled in a money laundering scandal in the Baltic, a situation prompting concerns that individual countries' AML regimes are not fit for purpose.

Deutsche has said bolstering its AML controls has been a priority, amid a number of probes and fines over compliance failings. (See an example here.)