Deutsche Bank announced today that Karl-Georg Altenburg will join the bank as Co-Head of Corporate Finance Europe, Middle East and Africa (EMEA) effective April 2nd. Altenburg joins from JP Morgan where he was CEO and Senior Country Officer for Germany, Austria and Switzerland. Miles Millard, Global Head of Capital Markets & Treasury Solutions (CMTS), will assume the additional role of Co-Head of Corporate Finance EMEA.
Altenburg and Millard will provide holistic coverage to EMEA corporate, financial institutions, sovereign and agency clients. This will be across advisory and capital markets origination, structuring and underwriting of primary equities, investment-grade and high-yield bonds, syndicated loans, risk management and treasury product solutions. Altenburg will have offices in London and Frankfurt, with Millard based in London. They will report to Robert Rankin, Co-Head of Corporate Banking & Securities and Head of Corporate Finance.
Rankin said: “Karl brings with him a long standing career in corporate and investment banking with a deep understanding of the German corporate finance landscape. Miles has robust relationships with many of our key clients and an exceptional history leading major deals. Under their leadership our Corporate Finance business is positioned to continue the momentum we have achieved as the number one corporate finance house in EMEA.”
Altenburg said: “Now is a great time to join Deutsche Bank. Strategy 2015+ is beginning to yield early results, and these changes are creating a sustainable platform from which we can advise and finance clients in the best possible manner. I look forward to working together with Miles and all of my new colleagues.”
Altenburg joined JP Morgan in 1993, holding positions across debt capital markets and the investment banking division in New York, London and Frankfurt. Prior to JP Morgan he worked at Salomon Brothers and consulting firm Arthur D. Little.
Millard has a record of driving growth since he was appointed Global Head of CMTS in 2010. In 2013 his team raised $1.25 trillion in debt capital markets, resulting in them being awarded Global Bond House of the Year from International Financing Review for the third year running.
Deutsche Bank has the number one position in EMEA Corporate Finance and is a leading global investment bank. In 2013 it led Dealogic’s league tables in equity capital markets, high grade, high yield and loans.
For further information, please call:
Deutsche Bank AG
Press & Media Relations
Phone: +49 69 910 42744
Phone: +44 (0) 20 7545 7790