Kim Hammonds

Deutsche Bank has appointed Kim Hammonds as CIO and global co-head of group technology and operations (GTO).

She is taking over from Anthony McCarthy, who is leaving the bank "to pursue other career opportunities", the bank said. He will step down on November 15, but will be available to advise the bank during a transitional period.

Hammonds will be based in London when she joins Deutsche Bank on November 25, from aircraft manufacturer Boeing, where she was also CIO.

With a background in mechanical engineering, Hammond had previous roles at Dell and Ford Motor Company.

Deutsche Bank COO Henry Ritchotte said: "Kim has an excellent track record in transforming business performance through technology and efficiency. This will prove invaluable as we continue to execute Strategy 2015+."

Hammonds will report to Ritchotte and work alongside Jim Turley, who remains global co-head of GTO.