September 1, 2010

Ulf Wokurka appointed new Head of Deutsche Bank Kazakhstan

Ulf Wokurka (47) has been appointed Chief Country Officer of Deutsche Bank in the Republic of Kazakhstan. The post was newly created on July 1, 2010. Mr. Wokurka will assume his responsibilities in the country on September 1, 2010.

Mr. Wokurka will manage all Deutsche Bank’s operations in Kazakhstan from Almaty, the country’s largest city, and in this capacity, will report to Peter Tils, CEO Central and Eastern Europe.

Ulf Wokurka has 20 years’ experience in the finance industry, 16 years of which he spent in various management positions at Deutsche Bank, including the German Mid-Cap, Investment Banking and Asset Management divisions. In addition to assignments in London and New York, his career has focused closely on Central and Eastern Europe, where, among other things, he established Deutsche Bank’s first representative office in Central Asia. Mr. Wokurka currently holds mandates in a number of Kazakh financial institutions.

On the occasion of Mr. Wokurka’s appointment, Jürgen Fitschen, Member of the Management Board and the Group Executive Committee of Deutsche Bank AG said, “the experience Ulf Wokurka has gathered in the bank’s core business areas and his contacts in Kazakhstan will enable him to successfully manage Deutsche Bank in Kazakhstan and to expand growth in the region.”

For additional information, please contact:

Deutsche Bank AG
Press Department

Christoph Blumenthal
Tel: +49 (0) 69 / 910 47048

About DB in Kazakhstan:
Deutsche Bank's presence in Kazakhstan dates from 1993, when a representative office was established in Almaty. DB Securities Kazakhstan JSC, an independent securities trading and investment banking company, was set up in 1998.

Deutsche Bank carries out corporate and investment banking services in Kazakhstan, including payment transactions for banks, trade finance, financing via the local and international capital markets, commodities hedging, IPOs and M&A advisory, among others. The bank issues letters of credit and guarantees for German mid- and large-cap companies exporting to Kazakhstan. It also arranges larger financing by incorporating export credit insurance.

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 81,929 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.

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