November 20, 2008

Deutsche Bank appoints new Head of Private Wealth Management UK

Deutsche Bank’s Private Wealth Management (PWM) division today announced the appointment of Tom Slocock as a managing director and Head of PWM UK, effective 1 March 2009.

Based in London, Slocock will report to Pierre de Weck, Head of PWM globally, and will join the Deutsche Bank PWM Global Executive Committee.

Slocock joins Deutsche Bank from Credit Suisse where he was Head of International Private Banking, having previously worked in the Private Client Services business as Head of the UK Business. Prior to joining Credit Suisse he worked at Goldman Sachs and Lehman Brothers.

Slocock will replace David Campbell who joined Deutsche Bank with the acquisition of the Tilney Group. Deutsche Bank acquired Tilney Investment Management in 2006 to strengthen its presence in the UK private wealth management market.

Campbell will remain in London to focus exclusively on his principal role as Head of Global Investments and Services.

Pierre de Weck, Head of PWM said: "Tom will bring a great deal of valuable experience and expertise to bear on the role and under his leadership, we expect to further develop the UK franchise to realise our ambitions for the region."

 

For further information, please contact:

Deutsche Bank
Press & Media Relations
Louise Pancott                       
(44) 207 545 7790                

                                       

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 81,308 employees in 75 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.

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About Private Wealth Management

Private Wealth Management is the division of Deutsche Bank for high net worth clients around the world.  Private Wealth Management seeks to understand the personal goals of our clients, and translates these into practical financial plans for life.  Private Wealth Management’s mission is to be the lead, trusted advisor for wealthy individuals, their families and select institutions worldwide.  

The Private Wealth Management division has client assets of Euro 191 billion and with over 4,200 employees in 89 offices in 31 different countries handling client accounts.