November 30, 2009

Deutsche Bank Private Wealth Management appoints Kevin Lecocq as Head of Global Investment Solutions

Deutsche Bank’s Private Wealth Management (PWM) division today announced the appointment of Kevin Lecocq as a Managing Director and Head of Global Investment Solutions (GIS).

Based in London, Lecocq will report to Pierre de Weck, Head of PWM and Member of the Group Executive Committee. Lecocq will join Deutsche Bank in early 2010 and will head the PWM Global Investment Committee. He will also be a member of the PWM Global Executive Committee.

Lecocq joins Deutsche Bank from Barclays Wealth where, as Chief Investment Officer and a member of the Management Committee, he was responsible for building the Global Investment & Product Office. Bringing with him 20 years of industry experience, Kevin has previously worked in capital markets with a focus on derivatives structuring and sales (including at Deutsche Bank between 1994 and 2000). He has also worked in the hedge fund industry.

Deutsche Bank PWM’s Global Investment Solutions provides clients with services and tools relating to asset allocation and strategic risk management, banking and investment products, and discretionary portfolio management.  The division is present in over 20 locations globally and is a core element of the value proposition Deutsche Bank PWM offers clients, as well as a key interface with Deutsche Bank’s Asset Management and Investment Banking divisions.

Pierre de Weck, Head of PWM said: “We are delighted that Kevin will be joining Deutsche Bank Private Wealth Management and are confident that his valuable experience will strengthen the division, enabling us to further improve the calibre and range of investment vehicles, as well as the comprehensive asset management services we provide to clients.”

For further information, please call:

Deutsche Bank

Louise Pancott                         + 44 (0) 207 545 7790
Press and Media Relations

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 78,530 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.

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 182 billion and nearly 3,900 employees in 113 offices in 31 different countries handling client accounts.