April 7, 2010

Deutsche Bank appoints Rob Ebert as Head of Institutional Client Group - Equity, Asia ex-Japan

Deutsche Bank today announced it has appointed Rob Ebert as Head of the Institutional Client Group – Equity, for Asia ex-Japan. Mr Ebert transfers to Hong Kong from Deutsche Bank in New York where he was Head of the Institutional Client Group – Equity, for North America. He will report to Bhupinder Singh, Head of the Institutional Client Group and Structuring for Asia ex-Japan.

Mr Ebert, who is also Global Head of Execution Services Sales, will be responsible for Deutsche Bank’s institutional equity sales platform in Asia ex-Japan, which continues to climb industry rankings and gain market share*.

Mr Singh said: “Having previously worked in Asia and driven a tremendous period of growth for our North American equity sales business, Rob is the ideal candidate to lead our platform towards its next stage of development.

“Asia is a key focus for our global equities business, where we continue to invest and build on the strong progress made to date”.

Mr Ebert joined Deutsche Bank in 1996 as Global Head of Asia Pacific Sales Trading, after which he became the Bank’s Tokyo-based Global Head of Sales Trading. Mr Ebert was then appointed Head of International Programme Trading Sales in London – a role that he subsequently combined with single stock sales trading and electronic sales to become European Head of Execution Services Sales. He moved to New York in 2008 as Head of the Institutional Client Group – Equity, for North America and was given the additional role of Global Head of Execution Services Sales in 2009.

Working alongside Mr Ebert are Mark Davis and Tom Welch, who continue to be jointly responsible for leading the equity and equity derivative sales teams that make up Deutsche’s integrated equity sales platform.

As Head of Equity and Equity-Linked Execution Sales for Asia, Mr Davis is responsible for sales trading and portfolio sales, along with the distribution of all electronic, equity derivative and convertible bond products in the region.

Mr Welch, Head of Fundamental Equity Sales for Asia ex-Japan, is responsible for all cash equity research sales.

Both Mr Davis and Mr Welch report to Mr Ebert.

Derek Capanna will assume the role of Head of the Institutional Client Group – Equity, for North America while retaining his responsibilities as Global Co-Head of Fundamental Equity Sales.

*Qualitative feedback by investors ranked Deutsche Bank #1 in overall trading and sales capability for equity derivatives in Asia, according to Greenwich Associates’ survey of Asian equity investors 2009. Deutsche Bank was also selected as a 2009 Greenwich Associates Quality Leader for Asian Equity Trading and for Asian Flow Equity Derivatives.

For further information, please contact:

Deutsche Bank AG    

Mark Bennewith     
+65 6423 8413 

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 77,053 employees in 72 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.