Riyadh, October 4, 2010

Deutsche Securities Saudi Arabia appoints Abdulaziz Alamro and Faisal Rahman as Co-Head's of Corporate and Investment Banking Coverage for the Kingdom of Saudi Arabia


Deutsche Securities Saudi Arabia (“DSSA”), a CMA licensed securities firm wholly owned by Deutsche Bank AG, today announced the appointments of Abdulaziz Alamro and Faisal Rahman as Co-Head's of Corporate and Investment Banking Coverage for the Kingdom of Saudi Arabia.

Ashok Aram, CEO Deutsche Bank MENA: “The appointments reflect our strong belief in the future of our business in the Kingdom of Saudi Arabia. We are convinced that the Kingdom of Saudi Arabia will continue to play an important role in our future MENA business composition.”

”With those appointments we underline our commitment to further growing our corporate and investment banking business in the Kingdom of Saudi Arabia. Both colleagues have demonstrated the skills and expertise required to meet the high demands of our clients and have excelled in their fields”, Jamal Al Kishi, CEO of DSSA emphasized.

As Co-Heads of Corporate Investment Banking Coverage, Abdulaziz and Faisal will be responsible for the delivery of a broad product platform across Corporate Finance, Mergers & Acquistions, Equity Capital Markets, Debt Capital Markets, Derivative Solutions and Flow Sales to all corporate and institutional clients across the Kingdom of Saudi Arabia.

Abdulaziz Alamro, has been working with DSSA since 2007 and was previously the Head of Global Markets Coverage. He has 16 years of banking experience in the Kingdom of Saudi Arabia having worked previously with SAMBA, ANB and Al Rajhi Bank in Riyadh, and had the role of Head of Treasury Product at Al Rajhi Bank before joining DSSA in 2007. At DSSA, he has been the key driver of Global Markets business over the last three years, having been involved in strategic transactions encompassing Liability Solutions, Debt Capital Markets and Advisory.

Faisal Rahman joined Deutsche Bank in London in 2000 moving from Ernst & Young Corporate Finance, where he worked in their Warsaw and Sydney offices from 1996 until 2000. At Deutsche Bank Faisal first worked in the Equity Capital Markets group before joining the Mergers & Acquisitions practice in 2002. In 2004, Faisal moved to the Leverage Finance area where he served until he joined the Corporate & Investment Banking Coverage team in DSSA. Faisal has extensive product experience, including IPO's, Equity Private Placement, Mergers & Acquistions situations, Leverage Loans, Debt Capital Market issuance, Acquisition Finance and Debt Restructurings. Since joining the Kingdom of Saudi Arabia Coverage platform, Faisal has successfully elevated the delivery of strategic transactions with the top tier clients of DSSA in the Kingdom and is currently leading the execution of a number of very high profile transactions.


For further information, please call:

Deutsche Bank AG 
Press & Media Relations   

Michael Lermer  
Phone: +971 (4) 428 3860 
E-Mail: michael.lermer@db.com 

 

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