"The whole (management board) team -- with the backing of this supervisory board -- want to put Deutsche Bank back on the road to growth," chief executive John Cryan told his first shareholder meeting since taking up his position last July.
"This journey is demanding. It requires effort, but it will be worth that effort."
Groups of shareholders had expressed anger at Deutsche Bank's colossal loss of nearly seven billion euros (USD 7.9 billion) last year and at the group's apparent slow progress in resolving a large number of scandals and litigation cases.
"But our objectives are right, our path has been clearly defined and the new management board is making good progress along this path. This gives me confidence -- me, and all of us here on the supervisory board," he said.
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But Fitschen is stepping down at the end of the shareholder meeting, leaving Cryan in sole charge.
Deutsche Bank reaffirmed its ambition of bringing down annual costs by five billion euros to below 22 billion euros by 2018.
At the end of April, the bank warned that this year would also be a difficult year.