Cutbacks at DB’s op risk department

- By Risk Staff
- 01 May 2004

The future of the Operational Riskdata eXchange (ORX) has a question mark hanging over it, as Deutsche was a significant backer (see page 8).

Fred Peemöller, who headed ORX and was the chief risk officer for op risk at Deutsche, has moved his year-end scheduled retirement to the end of June. Also on the chopping block was US-based Allan Cuttle, formerly director and deputy chief risk officer for op

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