(Bloomberg) -- Ben Pace, Deutsche Bank AG’s chief investment officer for wealth management in the Americas, is leaving, according to two people with knowledge of the matter.

Pace is departing along with a group of portfolio consultants, said the people, who asked for anonymity because the bank hasn’t announced the transition. Pace, a frequent commentator on business television, worked at the Frankfurt- based company for about two decades. He didn’t respond to messages seeking comment.

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