April 21, 2008

Deutsche Bank appoints Chief Operating Officer for Saudi Arabia

Deutsche Bank announced today the appointment of Javeed Ameen as its Chief Operating Officer in Riyadh in the Kingdom of Saudi Arabia.

Ameen will be responsible for coordinating all the Bank’s infrastructure functions across all business lines, product groups, legal entities and branches.

Jamal Alkishi, Chief Country Officer for Saudi Arabia at Deutsche Bank said “This appointment underscores the Bank's commitment to deepen and broaden its presence in the Kingdom of Saudi Arabia. Javeed’s expertise will help us establish an optimal infrastructure that will help us meet our ambitious growth objectives in Saudi Arabia.”

Javeed Ameen joined Deutsche Bank in 2001 and has held a variety of senior positions most recently as Chief Operating Officer in India.

Alexander Schuetz, Chief Operating Officer for Deutsche Bank in the Middle East & North Africa, said “We are pleased to have Javeed joining our Regional Management team in MENA.  His ample experience in similar roles in emerging markets, especially in India, will benefit the efficient and well governed build-up of our important franchise in the Kingdom.”

Deutsche Bank opened its first branch in Riyadh in 2006. In 2007, Deutsche Securities Saudi Arabia, a subsidiary of Deutsche Bank was granted a license by the Capital Market Authority of Saudi Arabia to offer brokerage and custody services, as well as arranging, advising and providing investment funds management.

For further information, please call:

Deutsche Bank
Dana Budeiri +971 4 361 1744
Head of Communications
Middle East & North Africa

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 78,291 employees in 76 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.


Deutsche Bank in the MENA region

Deutsche Bank’s commitment in the MENA region is more than a century old, beginning with the Bank’s financing of the Baghdad railway.

Deutsche Bank opened its first office in Cairo in 1959, followed in the early seventies by an office in Bahrain. In 1999, Deutsche Bank embarked on a regional expansion drive across the GCC which began with the opening of an office in the UAE’s Capital Abu Dhabi in 1999, followed by two offices in Dubai: a representative office inaugurated in 2001 and a branch at the Dubai International Financial Centre (DIFC) in 2005. In April of 2006, Deutsche Bank opened a branch in the Kingdom of Saudi Arabia, in the capital Riyadh. Most recently in November of 2007, Deutsche Bank opened its branch in Doha at the Qatar Financial Centre.

Deutsche Bank AG in the MENA region offers the full range of investment banking, asset management; private wealth management; and global transaction banking services.

Deutsche Bank’s AG is well recognized for its leading role on some of the most prestigious regional transactions. The Bank is the recipient of several awards for its activities in Islamic Finance; and was proclaimed in 2007 as the Best M&A Bank in Middle East & North Africa by Global Finance World.