Deutsche Bank Managing Director dies


Sad to report.

Steven M. Elkman, a Managing Director at Deutsche Bank's asset and wealth management unit who was a former chairman of the American Society for the Prevention of Cruelty to Animals, has died. He was 68.

Bloomberg News reports that he died on May 8 at his home in Ridgefield, Connecticut, according to his wife, Linda Elkman. The cause was pancreatic cancer.

Elkman worked in New York at Alex. Brown & Sons and its successor entities for more than two decades. In 1993, he joined the investment bank, which was acquired four years later by Bankers Trust, based in Manhattan, according to Marquis Who’s Who. In 1999, Deutsche Bank bought Bankers Trust, the same year Elkman was named a Managing Director.

As his career progressed, he took on a leadership role at the ASPCA. The group had invited Elkman to join its board in the 1980s because of his Wall Street connections. In 1997, he was named chairman of the 149-year-old not-for-profit group, the first humane society established in North America, according to its website.

To access the complete Bloomberg News article hit the link below:

Steven Elkman, Deutsche Bank Executive at ASPCA, Dies at 68

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