Year 2011

December 5, 2011

Deutsche Bank appoints Salah Jaidah as Chairman of Islamic Finance and Ibrahim Qasim as Head of Islamic Finance Structuring

Ashok Aram, CEO of Deutsche Bank for the Middle East & North Africa said: "Deutsche Bank is committed to the development of the Islamic Finance industry and will continue expanding its Shari'a compliant product offerings and solutions. Salah's appointment will be instrumental in solidifying Deutsche Bank's position as a leader in Islamic Finance. He brings key leadership, wealth of experience and deep insight into the Islamic Finance market contributing to Deutsche Bank's long term commitment to the Islamic Finance industry. His expertise and relationship in the industry will be key in driving Deutsche Bank's long term growth plans."

Salah is a Board member of a number of Islamic Finance Institutions in the Middle East and South East Asia and will continue to lead Deutsche Bank´s operations in Qatar as Chief Country Officer and Vice Chairman for the MENA region.

Ashok Aram added: “Ibrahim has contributed significantly to the formation and development of Deutsche Bank's MENA structuring and Islamic Finance platform over the last five years and brings a wealth of hands-on execution experience across a wide array of Shari'a compliant products and asset classes. Ibrahim will elevate our focus and drive the commitment to innovate and execute key products, solutions and initiatives in the Islamic Finance space. He will be supported by a strong team of Islamic Finance specialists located in Dubai, Riyadh, Malaysia, London, and Singapore."

Ibrahim has over nine years of industry experience in structuring and executing transactions in the global capital markets ranging from Sukuk and structured financing solutions to Shari'a compliant investment, risk and liability management products.

Deutsche Bank is committed to working with industry participants and stakeholders to further develop the Islamic financial markets, and to be an industry leader in developing and implementing bespoke Shari'a compliant products and solutions serving Islamic clients globally.

For further information, please call:

Deutsche Bank AG

Michael Lermer
Tel: +49 (0) 173 6503736  

E-Mail: michael.lermer@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.

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Last Update: September 19, 2013
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