August 14, 2006

Deutsche Asset Management hires Brian Urban and Stéphanie Schmidt to strengthen European Institutional Sales team

Deutsche Asset Management (DeAM) today announced that Stéphanie Schmidt and Brian Urban have joined the firm to strengthen the European Institutional Sales team.

Brian joins as a Director and Head of Institutional Sales for the Netherlands. He is based in Amsterdam and reports to Peter Kerger, Head of Institutional Distribution, Europe. Brian joins from NIBC Bank in The Hague, where he was responsible for alternative investment sales, including funds of hedge funds and hedge-fund linked derivatives. Prior to NIBC Bank, Brian was a senior sales manager at JPMorgan Asset Management in Amsterdam.

Stéphanie has joined the Institutional Sales team in France as a Vice President. She is based in Paris and reports to Thibault Amand, Head of Institutional Sales for France. Stéphanie joins from ADI Alternative Investments, where she specialized in selling alternative products.

"The experience that Brian and Stéphanie bring to the team will significantly strengthen our distribution and client service capabilities in Europe," said Peter Roemer, Head of the European Institutional Business for DeAM. "France and the Netherlands are key growth markets for Deutsche Asset Management. With our global investment platform and expertise across the full range of traditional and alternative asset classes, we are ideally positioned to service the diverse needs of French and Dutch institutional investors. These appointments demonstrate our commitment to further enhancing the first-rate client service that we offer European institutions."


For further information, please call:

Thomas Richter  +49(69)71909-4195
Global Head of DWS Communications

Baki Irmak   +49(69)71909-4547  
DWS Communications

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 Euro 1,058 billion in assets and 65,435 employees, Deutsche Bank offers unparalleled financial services in 73 countries 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.

Deutsche Asset Management

With approximately US$658 billion in assets under management globally (as of 3/31/06), Deutsche Asset Management 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.  Deutsche Asset Management is geographically divided into three regions - the Americas, Europe and Asia Pacific, providing a broad range of investment management products across the risk/return spectrum.