July 10, 2008

Deutsche Bank appoints Head of FX emerging markets options business

Deutsche Bank today announced the appointment of Connor Kelly as head of FX emerging markets options CEEMA and LatAm. Kelly will be based in London and will have a dual reporting line to Rob Mandeno, global head of FX spot and options and Ahmet Arinc, head of emerging market global rates, global finance and foreign exchange.

Kelly joins Deutsche Bank after four years at Goldman Sachs where most recently he was responsible for running euro FX Options Business. Previously, he was at Calyon where he ran G10 FX options trading in Europe.  

Rob Mandeno, global head of FX spot and options said, "As the world's leading FX bank, Deutsche Bank has the most extensive trading and sales support infrastructure which, combined with our local expertise in emerging markets, offers great opportunities for further development of our FX business globally. We are delighted that someone with Connor's experience in FX markets is joining us to support the continued growth of our emerging markets FX franchise."

For further information, please call:

Deutsche Bank

Johanna Graf       +44 20 7547 26 03                
Press and media relations

About 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 78,275 ployees 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.