Sewing Targets Longest Tenure in Deutsche Bank’s Modern History

Christian Sewing is on track to becoming Deutsche Bank AG’s longest-serving sole chief executive officer since the firm was put together in its modern form almost 70 years ago.

Germany’s largest lender this week extended Sewing’s term until 2029, meaning he will have been in the role 11 years if he serves it out. That’s the longest for any sole CEO since several regional banks reconstituted Deutsche Bank in 1957, following its breakup after World War II.

Christian Sewing

Photographer: Krisztian Bocsi/Bloomberg

Sewing, 54, is widely credited with leading Deutsche Bank out of a period of painful losses and legal scandals that pushed ...