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Deutsche Bank CEO John Cryan on Wednesday played down reports that his head is on the chopping block.

The 57-year old bank boss called the recent stories about the Deutsche chairman looking to replace him nothing more than “rumors.”

“I just wanted to reaffirm that I am absolutely committed to serving our bank and to continuing down the path on which we started some three years ago,” Cryan wrote in a memo posted on the website of the beleaguered bank.

Shareholders of the bank, whose shares are down 21 percent over the past 12 months, are getting impatient waiting for Cryan to turn around the bank and lift up its sagging stock price, according to reports on Tuesday.

The memo, which is directed to Deutsche’s employees, notably isn’t signed by — or includes mention of — Chairman Paul Achleitner, who has been reportedly interviewing replacements for Cryan.

The CEO, who has been in the position for less than three years, struck a philosophical tone near the end of the memo — and even nodded toward shareholders who were calling for his ouster.

“Change remains the only constant in our world, and as we continue to notch up successes in our change [programs] I personally have to give the company direction as we have to rebalance the often conflicting demands of our various stakeholders,” he said.

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