Kevin Rodgers will be retiring from the FX industry this summer, Deutsche Bank has confirmed.
The departure of the London-based global head of foreign exchange is not connected to the ongoing probe into alleged FX manipulation, the bank says.
“Kevin Rodgers has made a personal decision to retire from the industry to pursue other ambitions including academia and music,” adds Deutsche Bank in a statement.
“He informed us of his resignation earlier this year and he will leave in June following a transition period.”
Rodgers took on the role as global head of FX in 2012 amid a re-structuring at the bank, which included the creation of a markets electronic trading unit (Squawkbox, 10 September 2012).
During his 15-year career with Deutsche Bank he has also served as global head of FX spot, e-trading and derivatives, global head of FX derivatives and head of e-trading for Asia-Pacific. He previously worked at Bankers Trust Corp, which Deutsche Bank acquired.
No announcement regarding Rodgers’ replacement has yet been made.