April 23, 2007

Yuri Soloviev appointed first Deputy Chairman of Deutsche Bank Russia

Yuri Soloviev has been appointed First Deputy Chairman of Deutsche Bank Russia. Having been Member of the Board since 2003, Yuri also continues to be Head of Global Markets in Russia & CIS at Deutsche Bank. He is responsible for the equity, debt, derivatives, structuring, fixed income, real estate, as well as debt capital markets, sales trading, local structuring trading and research in Russia and the CIS region.

Yuri Soloviev reports regionally to Charles Ryan, CCO and CEO, Deutsche Bank Group in Russia; and to Kay Haigh, Head of Trading for Emerging Market Debt, Deutsche Bank, and Kerim Derhalli, Head of Emerging Markets Equities, Deutsche Bank,  for the respectively the Debt and Equities product responsibilities.

Yuri joined Deutsche Bank in May 2002 from Lehman Brothers, where he headed the Local Markets trading in the Baltics and CIS countries as well as creating and running the FSU (Russia, Baltics, Ukraine, Kazakhstan) local markets trading franchise, which covered interest rates, currency, credit and equity products.  Mr. Soloviev set up and managed sales coverage of local accounts (Russia and the Baltics) and coordinated primary issuance of RUB, UAH, LAT and LTL denominated securities. Mr. Soloviev represented the firm at the London Club Local Debt Negotiations with the Russian government in 1998.

While working in Deutsche Bank Russia, Yuri Soloviev has been credited with significantly strengthening the Bank’s client base and product range as well as adding new lines to the Bank’s business. Yuri took a leadership role in managing complex and vital projects on the securitization of numerous asset classes (MBS, consumer loans, etc.) and Local market Derivatives (currency options, dual currency notes, local currency credit derivatives) as well as in the Bank’s financing landmark real estate projects.

Charles Ryan, CCO and CEO, Deutsche Bank Group in Russia commented: “Yuri has extensive experience in both Russian and global financial markets. His appointment First Deputy Chairman of Deutsche Bank Russia will ensure further strengthening our leadership positions in Global Markets and strategically developing the Bank’s franchise in Russia and the CIS.”

For further information, please call:

Deutsche Bank

Olga Podoinitsyna +7 (495) 797 5303
Communications and Marketing

About Deutsche Bank

With Euro 1,126 billion in assets and 68,849 employees in 73 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.

Deutsche Bank ranks among the global leaders in corporate banking and securities, transaction banking, asset management, and private wealth management, and has a significant private and business banking franchise in Germany and other selected countries in Continental Europe.

Deutsche Bank Ltd. (Deutsche Bank Moscow) was established in April 1998. The Bank is a wholly-owned subsidiary of Deutsche Bank AG. Deutsche Bank Moscow has become one of the largest foreign banks in Russia. Deutsche Bank Moscow provides local and international, corporate and private clients with a broad range of financial services, comprising corporate finance and advisory, sales, trading, transaction banking as well as private wealth management and asset management services. The Bank includes the largest Russian and multinational companies among its client base.