Riyadh, September 19, 2011

Deutsche Bank appoints Waleed Fatani as the General Manager of its branch in Saudi Arabia


Deutsche Bank announced today the appointment of Waleed Fatani as General Manager of its branch in the Saudi capital Riyadh.

Fatani joins Deutsche Bank from Banque Saudi Fransi (BSF), where he served for 17 years. Most recently, Fatani headed BSF’s Group Treasury and was a member of the Bank’s senior management serving on various committees.

As General Manager of Deutsche Bank’s branch, Fatani has oversight over all SAMA (Saudi Arabian Monetary Agency) regulated activities.

Ashok Aram, Deutsche Bank’s CEO for the Middle East and North Africa region said “We are extremely pleased to have Waleed onboard in Saudi Arabia. His immense experience and insight into the Saudi market will be a great asset for Deutsche Bank and for our enterprise in the Kingdom.”

Throughout his career, Fatani had assumed several leading roles that have helped support the growth of the Saudi financial markets.

Deutsche Bank opened its Riyadh branch in 2006.


For further information, please call:

Deutsche Bank AG
Dana Budeiri
Phone: +971 (0)4 428 3860
E-Mail: dana.budeiri@db.com


About Deutsche Bank

Deutsche Bank is a leading global investment bank with a substantial private clients franchise. Its businesses are mutually reinforcing. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With more than 100,000 employees in 73 countries, Deutsche Bank offers unparalleled financial services throughout the world. The bank competes to be the leading global provider of financial solutions, creating lasting value for its clients, shareholders, people and the communities in which it operates.

www.db.com




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