September 17, 2012

Deutsche Bank announces Asset & Wealth Management Executive Committee

Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) announced today the Executive Committee for its integrated Asset & Wealth Management division. Michele Faissola will chair the committee.

The AWM Executive Committee members are as follows:
  • Michele Faissola, Chair, Head of Asset & Wealth Management
  • Jon Eilbeck, Chief Operating Officer
The following Executive Committee members will represent the main investment platforms and functions within AWM:
  • Reinhard Bellet, Head of Passive Investments
  • Randy Brown, Co- Chief Investment Officer of Asset Management
  • Pierre Cherki, Head of Alternative Investments (Internal Managers)
  • Mark Cullen, Head of Operating Platform & Re-engineering
  • Stephane Farouze, Head of Alternative Investments (Third-party Managers)
  • Kevin Lecocq, Chief Investment Officer of Wealth Management
  • Wolfgang Matis, Head of Active Investments
  • Balaji Prasanna, Head of Loans/Deposits and Asset & Liability Management
  • Asoka Woehrmann, Co-Chief Investment Officer of Asset Management 
The following Executive Committee members will represent client coverage within AWM:
  • Marco Bizzozero, Head of Wealth Management EMEA 
  • Thomas Bowers, Head of Wealth Management Americas 
  • Joachim Haeger, Head of Wealth Management Germany (Deutsche Bank)
  • Wilhelm von Haller, Head of Wealth Management Germany (Sal. Oppenheim)
  • Ravi Raju, Head of Wealth Management Asia Pacific
  • Dario Schiraldi, Head of Distribution

Regional AWM management committees will be chaired by the following Executive Committee members: 
  • Wolfgang Matis: Germany
  • Ravi Raju: Asia Pacific
  • Dario Schiraldi: EMEA
  • To be announced: Americas
Michele Faissola, Head of Asset & Wealth Management and a member of the Deutsche Bank Group Executive Committee, said: “The leadership team brings together the expertise of Deutsche Bank's Asset Management and Wealth Management businesses, as well as passive investment and third-party alternatives platforms that were formerly part of the Corporate Banking & Securities division. By integrating these businesses, we will create a global asset and wealth manager with significant scale. We will also help our clients access a wider range of products and solutions than ever before.”  

For further information, please call:

Deutsche Bank AG 
Asset & Wealth Management

Press & Media Relations

Baki Irmak  
Phone: +49 (69) 71909 4547 or +44 (20) 754 14816

Klaus Winker
Phone: +49 (69) 910 32249

Mayura Hooper
Phone: +1 (212) 250 5536    

About Asset & Wealth Management

With approximately €900 billion* of invested assets, Deutsche Bank Asset & Wealth Management (AWM) is one of the world's leading investment organisations. AWM helps individuals and institutions worldwide to protect and grow their wealth, offering traditional and alternative investments across all major asset classes. AWM also provides customised wealth management solutions and private banking services to high-net-worth individuals and families.

*As at end of 2Q 2012. Includes businesses to be transferred from Corporate Banking & Securities division.  

This release contains forward-looking statements. Forward-looking statements are statements that are not historical facts; they include statements about our beliefs and expectations and the assumptions underlying them. These statements are based on plans, estimates and projections as they are currently available to the management of Deutsche Bank. Forward-looking statements therefore speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events. By their very nature, forward-looking statements involve risks and uncertainties. A number of important factors could therefore cause actual results to differ materially from those contained in any forward-looking statement. Such factors include the conditions in the financial markets in Germany, in Europe, in the United States and elsewhere from which we derive a substantial portion of our revenues and in which we hold a substantial portion of our assets, the development of asset prices and market volatility, potential defaults of borrowers or trading counterparties, the implementation of our strategic initiatives, the reliability of our risk management policies, procedures and methods, and other risks referenced in our filings with the U.S. Securities and Exchange Commission. Such factors are described in detail in our SEC Form 20-F of 20 March 2012 under the heading “Risk Factors.” Copies of this document are readily available upon request or can be downloaded from
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