Frank Strauss is a seasoned financial services executive with 30 years’ experience. Following a successful career in commercial and private banking, Mr. Strauss now works as an entrepreneur, senior advisor and as an investor for FinTech companies and start-ups across Europe and the US.
Mr. Strauss is currently Chair of the Supervisory Board of European Bank for Financial Services and a member of the Supervisory Board of ZEAL Network SE. Additionally, he sits on the supervisory and advisory boards of various companies and institutions. His M&A and investment experience encompasses multiple deal structures including acquisition of minority stakes (China, Vietnam), acquisition and integration (Germany), and sale of business (Poland, Portugal, US, UK). Mr. Strauss worked at Deutsche Bank AG for more than 25 years, most recently as CEO of the global private and corporate client business, where he was responsible for €900bn of client business volume, 24 million private and corporate clients, €10bn of revenues, 45,000 employees and the digital agenda. Over the last 20 years, he has been focused on digital growth and transformation running Deutsche Bank’s global digital business with more than 12 million online clients. During this time he has built an international portfolio of multichannel offerings and direct/mobile banks for private and SME clients through different market cycles. Earlier in his career from 2006 to 2011, he was CEO Private & Commercial Banking Germany. Under his leadership, the business achieved significant growth and transformation. Earlier in his career at Deutsche Bank, he gained international management experience across Europe, the Americas and Asia as he held various formal management positions including CEO of Private & Commercial Banking Asia located in Mumbai and Beijing and Chair of PB Capital USA and UK. For the interim period from 2011 to 2017, Mr. Strauss was CEO of Deutsche Postbank AG. During his tenure, Postbank was transformed into the leading private and corporate client bank in Germany leveraging the advantages of digitalisation. The business achieved significant growth in parallel with a reduction in risk. Before joining Deutsche Bank, Mr. Strauss was a professional ice hockey player.