April 26, 2005

Rafi Khan joins Deutsche Bank`s North America Structuring Team

Deutsche Bank Securities Inc. today announced that Rafi Khan has joined the firm's North American Structuring Team as a Director responsible for credit correlation structuring. He is based in New York and reports to John Pipilis, Head of Correlation Structuring within the North American Structuring Group.  

"We are extremely pleased that Rafi has joined us. He is an experienced professional with a solid track record in structured credit," said Pipilis. "As we continue to expand our capabilities in synthetics and grow to meet the increasing demands of our clients, Rafi's experience and knowledge of the industry will be a great asset in developing our important and growing business."

"We continue to see a real opportunity to weave our correlation structuring skills into Deutsche Bank's Collateralized Debt Obligations business. John's team, strengthened by the addition of Rafi, is creating powerful synergies with our CDO group," added Tim Dowling, Head of North American Structuring. "Rafi's hire is further evidence of our commitment to expanding our U.S. platform."

Khan joins the firm from Citigroup where he was a Director in Structured Credit Products within the Global Credit Derivatives Group. He holds a BA in Business Administration from the University of Punjab in Pakistan, a MS in Accountancy and MBA in Finance from the University of Houston and a JD from South Texas College of Law.


For further information, please call:

Michele Agostinho
Media Relations


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