July 3, 2007

Deutsche Asset Management appoints Ajeet Manjrekar to its Global Consultant Relations Team

Deutsche Bank’s Asset Management (DeAM) division today announced the appointment of Ajeet Manjrekar as a Director and Consultant Relations Manager in its Global Consultant Relations Team, effective 2nd July.

Based in London, Manjrekar reports to Susan Small, Global Head of Consultant Relations. He has been assigned to liaise with both UK based consultants and the UK based operations of global consulting firms, helping them to leverage DeAM’s global investment platform to benefit their clients.

Manjrekar joins DeAM from the specialist investment consultancy PSolve where he worked as a Principal Consultant. Prior to PSolve, he worked as a consultant at Hewitt Associates.

Small commented: “As a world class asset manager, DeAM is committed to its institutional investors around the world. In order to better service institutional clients and the consultants they rely on, we have allocated significant resources to build a truly global consultant relations effort. Ajeet is a key hire in this effort.  His extensive experience as a consultant provides him with the perspective needed to meet the sophisticated needs of the consultant community.  We are very excited that he has joined the team”.

For further information, please call:

Louise Pancott 
Press & Media Relations

About Deutsche Bank

Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With 73,114 employees in 75 countries, Deutsche Bank offers unparalleled financial services throughout the world. The bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.


About Deutsche Asset Management
With approximately EUR 553.01 billion in assets under management globally (as of 3/31/07), Deutsche Bank’s Asset Management division is one of the world's leading investment management organizations, not just in size, but in quality and breadth of investment products, performance and client service. The Asset Management division provides a broad range of investment management products across the risk/return spectrum.