March 4, 2008

Deutsche Bank appoints Ersin Akyuz as Chief Executive Officer and Executive Member of the Board of Directors in Turkey

The Deutsche Bank AS Board has appointed Ersin Akyuz the new CEO and Executive Member of the Board of Directors for Turkey, effective after the BRSA’s approval. 

Akyuz has 19 years experience in the banking sector and previously worked as Vice President in charge of Turkey Corporate Finance and Capital Market at Bankers Trust London between 1989 and 1996. He served as Managing Director in charge of Turkey between 1996 and 2005 at Morgan Stanley London. Akyuz has been working at Deutsche Bank London since 2005 in the Global Markets division as Managing Director with responsibility for Turkey. He holds BSc and MSc degrees in Economics from the London School of Economics and MBA degree in Finance from University of Chicago.
Selcuk Yorgancioglu, Chief Executive Officer and Executive Member of the Board of Directors since April 2007 has left Deutsche Bank AS to continue his career in private equity area.

For further information, please call:

Deutsche Bank
Elaine Bartleet   + 44 (0) 207 545 4907
Press and media relations

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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.