March 12, 2009

Deutsche Bank hires Ron van Wezel as Global Product Manager for its emerging payment streams

Deutsche Bank’s Global Transaction Banking (GTB) business today announced the appointment of Ron van Wezel as Global Product Manager for its emerging payment streams.  He joins from ABN AMRO’s Market Infrastructures department where he oversaw developments in Payments & Cards services.

In this new role, Mr. van Wezel will be responsible for Deutsche Bank’s mobile and online payments services, and other emerging payment flows.  He will also help develop the Bank’s approach to the convergence of urgent and bulk legacy payment products.  Additionally, he will drive alignment between GTB’s core payments business and Deutsche Card Services, as well as between GTB and other key business units where there are payments-related opportunities.

Mr. van Wezel has over 20 years experience in the payments & cards industry. At ABN AMRO, he focussed on the Single Euro Payments Area (SEPA) and its impact on the bank’s payment franchise. Prior to that, he held several management positions at Dutch payment processor and clearing house Interpay (now Equens), managing large and innovative projects for electronic banking, POS and ATM switching networks and document image processing. Mr. van Wezel also serves as chairman of Mobey Forum, the leading cross-industry group for the development of mobile financial services.

Harold Young, Deutsche Bank’s Global Head of Payments Products, Cash Management, GTB said, “Deutsche Bank is currently making significant investments in its global payments business. Ron has a wealth of experience in this area and will be an invaluable driving force behind our growing presence in the emerging payments space.”

Based in Amsterdam, Mr. van Wezel will report to Harold Young and become a member of the Global Payments Management Team.

For further information, please call:

Libby Young   +44 (0)20 7545 6941
Press Office (London)

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 80,456 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.