Country for PR: United Kingdom
Contributor: PR Newswire Europe
Saturday, May 11 2019 - 01:48
AsiaNet
Deutsche Bank Exec Joins the Founders Bank Project as CEO
VALLETA, Malta, May 11, 2019 /PRNewswire-AsiaNet/ --

The Founders Bank project announces the appointment of senior Deutsche Bank 
executive Kenan Altunis to the role of Chief Executive Officer. 

The Founders Bank project has appointed senior Deutsche Bank executive Kenan 
Altunis to the role of Chief Executive Officer. Altunis will lead a team 
comprised of senior executives with decades of global financial services 
experience across banking, asset management and corporate finance.

Once licensed, Founders Bank will be a corporate challenger bank servicing the 
tech industry, including blockchain and other emerging technologies.

In his last role, Altunis served as Global Co-Head of the Institutional Client 
Group within Deutsche Bank's Corporate and Investment Bank where he was 
responsible for a multi-billion-dollar revenue operation and a team of over 
1000 people. He helped guide the bank's investment banking business, dealt 
directly with the world's largest institutional investors and regulatory 
bodies, and was a member of its Executive Committee, reporting directly to the 
Deputy CEO of the bank. Altunis will commence his appointment upon cessation of 
his Deutsche Bank commitments in early June 2019.

The Founders Bank project is developing a robust, enterprise-focused bank with 
the aim of redefining banking services. Altunis said, "I'm excited about this 
segue in my career from managing traditional banking to building a world-class 
corporate challenger bank. We will focus on servicing technology companies who 
find accessing and using existing financial services difficult and cumbersome. 
These will include companies in emerging technologies, such as blockchain and 
crypto."

Altunis will lead a multi-skilled team of senior executives unique in the 
industry. The group has decades of global financial services experience across 
banking, asset management and corporate finance at leading firms such as 
Deutsche Bank, Barclays, HSBC, Citibank, Bank of America, Royal Bank of Canada, 
Brevan Howard, KPMG, Mastercard, Amazon, Paypal and Bitpesa.

"As one of the lead investors of the Founders Bank project, we are committed to 
developing the ecosystem and supporting infrastructure cornerstones to 
facilitate growth across the broader industry," said Changpeng Zhao ('CZ'), CEO 
of Binance.

About Founders Bank project

The Founders Bank project is a corporate challenger bank servicing the tech 
industry, including blockchain and other emerging technologies, aiming to 
provide banking services on a world class technology platform with a strong 
emphasis on customer experience and AML/KYC. The Founders Bank project is 
currently under a licensing process to obtain an EU banking license from the 
Malta Financial Services Authority. It will offer its services throughout 
Europe and beyond.

The project has to date hired a senior c-suite, each of whom have more than 
fifteen years of experience in senior roles in financial services and 
technology businesses. 

For more information, visit: https://www.founders.money

(Logo: https://mma.prnewswire.com/media/885289/Founders_Bank_Project_Logo.jpg)


SOURCE: Founders Bank project
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