Deutsche Bank has appointed former Federal Reserve Governor Sarah Mitchell as its new Chief Risk Officer, effective April 1, 2026. The appointment signals the German lender's commitment to strengthening its risk management framework.Mitchell served on the Federal Reserve Board from 2019 to 2024, where she oversaw stress testing and financial stability initiatives. Her deep regulatory expertise is expected to bolster Deutsche Bank's relationships with global supervisors.The appointment comes as Deutsche Bank continues its multi-year transformation under CEO Christian Sewing, who described Mitchell as one of the most respected risk professionals in global finance.