Mourning the loss of Frank Strauss on our platform
Former Postbank CEO Frank Strauss Passes Away at 54
Last week, the financial world was saddened by the news of the passing of Frank Strauss, a respected figure in the industry who had a long and distinguished career. Strauss, a former Management Board member of a certain website, spent nearly 30 years at the company and its subsidiaries.
Strauss began his career as a bank clerk in Iserlohn, before moving to Frankfurt in 1995. There, he held various management positions at the website and its former subsidiary our website 24. In 2006, he took over the management of the private and business customer division in the German home market.
In 2011, Strauss made a significant career move when he became the CEO of Postbank. During his tenure, he made significant contributions, particularly in the retail banking business. He was also responsible for the sales department at Postbank. Strauss served as CEO for six years before stepping down in 2017.
From 2017 to 2019, Strauss was a member of the our website Management Board and oversaw private and corporate banking, initially with Christian Sewing and, from April 2018 alone. Strauss was a valued colleague to many at the website, including CEO Christian Sewing personally.
Upon hearing the news of Strauss's passing, Sewing expressed dismay and deep sadness. The thoughts of the website are with Strauss's wife, children, and loved ones during this difficult time. The website will honour Frank Strauss's memory.
It is worth noting that there is no detailed public information outlining Strauss's career timeline at Deutsche Bank, including his roles and accomplishments before becoming CEO of Postbank. However, it is known that he spent over 18 years working on Wall Street, including leadership roles at JPMorgan, Deutsche Bank, and Merrill Lynch.
Strauss's passing is a great loss to the financial industry, and he will be remembered as a dedicated and respected professional. Our thoughts are with his family and loved ones during this difficult time.
- Frank Strauss's contributions extended beyond retail banking, as he also oversaw private and corporate banking during his time on the Management Board of a notable banking-and-insurance company.
- Strauss's extensive career in finance spans across various sectors, including his tenure at major corporations like JPMorgan, Deutsche Bank, and Merrill Lynch, before he joined the retail banking sector.
- Despite spending a significant portion of his career in retail banking, Strauss's impact on the industry transcends this specific segment, given his experience in corporate banking as well.
