July 1, 2008

Deutsche Bank appoints Konstantin Seryogin as Head of the Representative Office and local Head of Global Transaction Banking, Ukraine

Deutsche Bank today announced that Konstantin Seryogin has joined the bank as Director and Head of Deutsche Bank’s Representative Office and local Head of Global Transaction Banking in the Ukraine.

In his new roles, Seryogin will be based in Kiev and report to Peter Tils, Chief Executive Officer for Central and Eastern Europe, in his function as Head of the Representative Office. As local Head of GTB for Ukraine, Konstantin will report to Daniel Falque, Head of Global Transaction Banking Europe, and as local Head of TFCMC to Dr. Stefan Walter, Head of Cash Management Corporates and Trade Finance Sales, as well as GTB Relationship Management, for Eastern Europe.

Prior to joining Deutsche Bank, he held numerous positions within Citigroup’s Corporate and Investment banking division. These included Relationship Management positions with Ukrainian banks and Non-Bank Financial Institutions and more recently within Citi’s Global Transaction Services unit where he was responsible for Cash Management and Trade Finance as well as Public Sector business. Seryogin has also worked for First Ukrainian International Bank as well as Credit Suisse First Boston in related corporate banking roles.

Commenting on the appointment, Werner Steinmueller, Head of Global Transaction Banking said, “Konstantin has considerable knowledge of the Ukrainian financial market which will be a valuable asset in establishing and further developing our Transaction Banking services in this strategically important market in Eastern Europe.”

“We are pleased to have Konstantin on board” said Peter Tils, CEO Central and Eastern Europe. “He will play a key role in strengthening Deutsche Bank’s footprint in the growing Ukrainian market”.

For further information, please call:

Deutsche Bank

Oonagh Baervelt         +44 (0) 20 754 71605
Press Officer

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 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.