Current Affairs - Persons - Discussion

Stefan Schaffer has been appointed as the Chief Executive Officer of Deutsche Bank’s India-based Global Capability Centre (GCC) as of June 2, 2025. In addition to this role, he will serve as the Global CIO for Corporate Functions and Head of Global Technology Centres. With prior experience leading the Bucharest Technology Center and the Shared Applications and Services vertical, Schaffer brings a strategic focus on reusability, simplification, and innovation. His leadership marks Deutsche Bank’s continued emphasis on India’s role in global operations, where over 20,000 employees contribute across cities like Mumbai, Pune, Bengaluru, and Jaipur.