Lehman Brothers takes financial officer from Deutsche Bank

Andrew Wright, global chief financial officer for Deutsche Bank’s private client and asset management division, as well as regional CFO for continental Europe, is to move to Lehman Brothers.

At Lehman he will be chief financial officer, Europe, and a member of the US bank’s European operating committee. Wright will be responsible for the financial management of Lehman Brothers in Europe, based in London. He will report to Jeremy Isaacs, the bank’s chief executive in Europe and Asia, and global chief financial officer Chris O’Meara.

Wright replaces Richard Amat, who will become global head of Lehman’s productivity and process improvement section and remain in London. He will report to joint chief administrative officers John Phizackerly and Ian Lowitt.