December 29, 2008

Deutsche Bank appoints George Lee as Americas Head of Implementation and Service for Trade Finance and Cash Management Corporates

Deutsche Bank today announced that George Lee has been appointed Director and Head of Implementation and Service for Global Transaction Banking’s (GTB) Trade Finance and Cash Management Corporates business in the Americas. GTB encompasses Deutsche Bank’s cash management, trade finance, capital market sales and trust & securities services.

Based in New York, George Lee reports to Russell Graham, Global Head of Implementation and Service for Trade Finance and Cash Management Corporates, and David Conroy, Americas Head of Trade Finance and Cash Management Corporates.

George Lee has more than 20 years of financial services experience. He spent the last three years as North America Head of Implementations for Treasury and Trade Solutions for Citibank’s Global Transaction Services. Prior to Citibank, he held a number of senior management positions at Fundtech Corporation, American Management Systems and JPMorgan Chase.

Graham said, “Deutsche Bank has been acknowledged as a leading transaction banking services provider globally as well as in the Americas. These distinctions can be largely attributed to the excellent implementation and service that we provide our clients worldwide. George’s extensive background in project delivery and implementation, along with his wide range of customer service experience, will allow him to extend seamless support for our clients’ regional and global cash management and trade finance needs.”

Conroy added, “We are pleased to add George to our team in this newly created position so that we can best service the trade and corporate cash management needs of our clients in the Americas. George’s wealth of industry knowledge will enhance the customer experience as we continue to expand the depth of our offering in this region.”

For further information, please call:

Deutsche Bank, Media Relations

John Gallagher
Scott Helfman

About Deutsche Bank

Deutsche Bank <NYSE: DB> 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 81,308 employees in 75 countries, Deutsche Bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.

Deutsche Bank Securities Inc., member NYSE, FINRA and SIPC, is the investment banking and securities arm of Deutsche Bank AG in the United States.