Deutsche reshuffles commodity business

Kevin Rodgers, who was previously in charge of European power and gas, will assume responsibility for global energy trading; while Bob Jonke, who was previously head of the US natural gas and global oil businesses, will become head of commodities for North America. In addition to his regional role, Jonke will retain responsibility for Deutsche Bank’s oil business.

Both will report directly to Kerim Derhalli, global head of commodities at the German bank.

Meanwhile, Erik Verhaar assumes management responsibility for the bank’s European power and gas, coal, freight and weather businesses, reporting to Rodgers. The rest of the global commodities management structure remains unchanged.

“Deutsche Bank’s commodities division has seen significant growth in the past two years," said Derhalli. "The management changes are designed to strengthen the derivatives capabilities within the bank’s energy business and to create a stronger framework for future growth, especially in the North American markets.”

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here