Former Deutsche Bank CEO Invests in Zeotap

Berlin, Germany-based enterprise customer data solutions provider Zeotap has appointed former Deutsche Bank Group CEO Western Europe Frank Krings as a Strategic Advisor, supporting its growth in the EU banking, insurance and asset management industry. Krings has also invested in the company.

Zeotap, led by founder and CEO Daniel Heer, offers a customer data platform promising marketers privacy-focused customer identity solutions. Krings joins with more than twenty-five years' experience in executive and non-executive roles in the financial sector across Europe and Asia. In addition to serving most recently as the CEO Western Europe of Deutsche Bank Group he is currently, among others, the Chairman of Deutsche Bank A.S., Istanbul (Türkiye), member of the Supervisory Board of Deutsche Bank Luxembourg S.A., and member of the Board of Directors of the Chambre Franco-Allemande de Commerce et d'Industrie Paris.

Heer comments: 'We are thrilled to welcome Frank Krings to the Zeotap team. His extensive knowledge, deep industry insights, and vast network within the financial sector will be invaluable as we continue to expand our footprint in the Banking & Insurance vertical. Frank's advice and guidance will undoubtedly contribute to our success in winning CDP market share across the EU'. Krings says he is 'intrigued' by the opportunity to join Zeotap and impressed by its 'commitment to innovation and its visionary approach to compliant enterprise customer data solutions, from Europe for Europe'.

The amount of the investment was not disclosed. The firm is online at www.zeotap.com .