March 14, 2005

Deutsche Bank appoints Ivor Dunbar as Head of Global Markets, Europe

Deutsche Bank today announced that Ivor Dunbar has been appointed Head of Global Markets in Europe outside Germany, effective immediately.

Dunbar, who is based in London, will be responsible for the horizontal management of the Global Markets' franchise in the region. He will help forge all links between the division's various businesses and will work on all aspects of the ongoing integration between Deutsche Bank's debt and equities platforms. 

Dunbar will play a key role as an ambassador to clients, regulators and other groups within Deutsche Bank.  He will also retain his responsibilities as Global Head of Structured Capital Markets alongside his new role as Head of Global Markets Europe.

Dunbar joined Deutsche Bank in 1997.  Previously, he was a Director and UK Head of Structured Capital Markets at BZW.

Anshu Jain, Head of Global Markets and Member of the Group Executive Committee, said, "Ivor is an accomplished business builder.  He has led the successful shift in Deutsche Bank's approach to Structured Capital Markets from a largely principal business to client focused structuring business."
Dunbar will succeed Colin Grassie, who takes on the role of Chief Executive of Deutsche Bank in Asia.



For further information, please call:

Deutsche Bank

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



About Deutsche Bank

With roughly Euro 840 billion in assets and approximately 65,400 employees, Deutsche Bank offers unparalleled financial services in 74 countries throughout the world. 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 ranks among the global leaders in corporate banking and securities, transaction banking, asset management, and private wealth management, and has a significant private & business banking franchise in Germany and other selected countries in Continental Europe.