Deutsche Bank has hired Daniela Weber-Rey as chief governance officer and deputy global head of compliance.

Rey, who focused on financial institutions at Clifford Chance, will join the bank in Frankfurt on June 1. She will report to Deutsche Bank management board member Stephan Leithner in her governance role and serve as deputy to compliance chief, Andrew Procter.

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Deutsche Bank recently lost at least three female bankers, potentially setting back its effort to boost the representation of women in management.

The lender raised reserves last month to cover costs linked to US mortgage lawsuits and is among banks facing regulatory probes over alleged attempts to rig interbank lending rates.

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