April 4, 2006

Deutsche Bank appoints Managing Director in European Telecoms

Deutsche Bank today announced the appointment of Adam Bagshaw as Managing Director within its European Telecom Investment Banking practice, reporting to Carl Tack, Head of European Telecom Investment Banking.  Bagshaw, will be responsible for the origination of opportunities and management of clients in the telecoms sector across Europe, Africa and the Middle East (EMEA). He will be based in London and begin his new role in early July 2006.

Bagshaw joins from JPMorgan, where he spent over ten years working in their Telecoms Investment Banking Coverage and Telecoms Leveraged and Corporate Finance divisions, having originally joined the company's graduate training program in New York in 1994.  

"We are absolutely delighted to have Adam join the Deutsche Bank telecoms team, where he will provide us with additional senior coverage of some of our most important EMEA telecom clients," said Carl Tack, Head of European Telecom Investment Banking.

"Since relaunching our European telecoms practice in January 2005, Deutsche Bank has advised on over 35 announced transactions, making Deutsche Bank one of the most active telecom investment banks in Europe today. "

Commenting on the appointment, David Fass, European Head of Global Banking, said: "Adam's addition to the team demonstrates our continuing commitment to the Telecoms industry and enhances our ability to meet the demands of our clients in providing superior corporate finance and advisory services."

For further information, please call:

Deutsche Bank

Victoria Garrod   (+44 20) 7547 1605
Press & Media Relations

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 Euro 992 billion in assets and 63,427 employees, Deutsche Bank offers unparalleled financial services in 73 countries 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.