January 10, 2014

Klaus Stoltenberg joins Deutsche Bank as Global Head of Shipping

Deutsche Bank announced today that Klaus Stoltenberg will join the Bank on 15 April 2014 as Global Head of Shipping. In his new role, Stoltenberg will be responsible for coordinating all Deutsche Bank activities with shipping industry clients. He will manage the coverage team to leverage the broad product expertise in the best interest of clients.
Based in H
amburg, Stoltenberg will report to Raj Bhattacharyya, Head of Capital Markets and Treasury Solutions for Western Europe, and Armin von Falkenhayn, Co-Head of Corporate Banking & Securities for Germany.

Raj Bhattacharyya, Head of CMTS for Western Europe, said: "Klaus brings significant expertise and deep insight of the global shipping industry and client base. With this appointment, we continue our commitment to this sector, offering best in class services to small and medium maritime enterprises and major international ship owners and operators.” Armin von Falkenhayn, Co-Head of Corporate Banking & Securities for Germany, adds: “Deutsche Bank is well positioned to continue offering its shipping clients superior banking and financing solutions over the coming years. With Klaus Stoltenberg we will further strengthen this segment and connect lending and capital markets business in the best interest of our clients.”

Stoltenberg brings significant industry expertise from over 15 years experience in shipping and project finance. Most recently he served as the Global Head of Ship and Aircraft Finance at NORD/LB.

For further information, please contact:

Deutsche Bank AG
Press & Media Relations    

Nick Probert    
Tel: +44(20)754-71605 
E-Mail: nick.probert@db.com  

Anke Veil     
Tel: +49 69-910 42846  
E-Mail: anke.veil@db.com  

This release contains forward-looking statements. Forward-looking statements are statements that are not historical facts; they include statements about our beliefs and expectations and the assumptions underlying them. These statements are based on plans, estimates and projections as they are currently available to the management of Deutsche Bank. Forward-looking statements therefore speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events.

By their very nature, forward-looking statements involve risks and uncertainties. A number of important factors could therefore cause actual results to differ materially from those contained in any forward-looking statement. Such factors include the conditions in the financial markets in Germany, in Europe, in the United States and elsewhere from which we derive a substantial portion of our revenues and in which we hold a substantial portion of our assets, the development of asset prices and market volatility, potential defaults of borrowers or trading counterparties, the implementation of our strategic initiatives, the reliability of our risk management policies, procedures and methods, and other risks referenced in our filings with the U.S. Securities and Exchange Commission. Such factors are described in detail in our SEC Form 20-F of 15 April 2013 under the heading “Risk Factors”. Copies of this document are readily available upon request or can be downloaded from www.deutsche-bank.com/ir
PDF version