April 24, 2006

Deutsche Bank appoints Chief Operating Officer for the Middle East North Africa region

Deutsche Bank today announced the appointment of Alexander Schuetz as Chief Operating Officer, Middle East North Africa (MENA), effective from 1 May 2006. Schuetz will be based in Dubai.

Schuetz will be responsible for coordinating the Bank's infrastructure functions across all businesses, product groups, legal entities and branches.  Schuetz will report to Ken Borda, Chief Executive Officer for MENA and Chairman of Asia Pacific (ex Japan), and be a member of the MENA Executive Committee.  He will also have a functional reporting line to Frank Krings, COO for Regional Management..

Ken Borda, Chief Executive Officer for MENA and Chairman of Asia Pacific (ex Japan), said, "We are pleased to have Alexander join our team.  He brings more than 10 years experience in a range of Deutsche Bank businesses and corporate functions to the role. This appointment re-enforces the Bank's commitment to ongoing growth ambitions in the region."


For further information, please call:

Deutsche Bank

Stephanie Smart  (44 20) 7545 2908
Press & Media Relations


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 992 billion in assets and 63,427 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.