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Deutsche Bank adds SAP executives to tech and innovation team

German bank will spend €13bn improving its vast IT infrastructure over the coming years

Deutsche Bank has made two senior hires to its newly formed technology, data and innovation division, as it revamps its outdated IT systems.

The German bank said on December 2 that Dilip Khandelwal has joined as head of technology centres and Gil Perez as head of strategy and innovation. Both arrive from SAP, the software company.

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