June 9, 2008

Deutsche Bank appoints Janet Hislop Chief Country Officer in the Cayman Islands

Deutsche Bank today announced that Janet Hislop has been appointed Chief Country Officer for its operations in the Cayman Islands. In her new role, Hislop will manage the Cayman office providing local oversight of risk management, regulatory and corporate governance issues. She also will support marketing activities and new business initiatives and will be the principal liaison with local and other regulatory bodies. In addition, Hislop will retain her role as Head of the Financial Intermediaries (FIM) team in the Cayman Islands for the Private Wealth Management division.

Deutsche Bank is celebrating 25 years in the Cayman Islands and has seen staff levels grow to over 40 this year.

Hislop, who was born and raised in Cayman, has more than 14 years of financial services experience, specializing in institutional and intermediary business. She joined Deutsche Bank (Cayman) Limited as Head of Banking in 2000. Prior to that, she was a Corporate Manager in the offshore department at Barclays Bank, where she managed a diverse portfolio of offshore corporate accounts and was a relationship manager for several large intermediaries.

Hislop assumes her new position from former Chief Country Officer Jean-Claude Emard, who has relocated to Switzerland to act as Chief Operating Officer for Deutsche Bank’s Middle East and Africa Private Wealth Management team.

“I am delighted to welcome Janet as our new Chief Country Officer in Cayman as she continues to build on Jean-Claude’s outstanding work in affirming Deutsche Bank’s position as the leading private bank on the Island,” said Stuart Clarke, Chief Operating Officer for Deutsche Bank Americas. “It is fitting that, in its 25th anniversary year in Cayman, Janet takes over the reigns to lead the Bank forward.”

For further information, please call:

Ted Meyer +1 212-250-7253
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 employees in 76 countries, Deutsche Bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.