September 14, 2006

Zar Amrolia appointed Global Head of Foreign Exchange

Deutsche Bank today announced the appointment of Zar Amrolia as Global Head of Foreign Exchange, reporting to Alan Cloete, Head of Global Finance & Foreign Exchange.

Amrolia, who is based in London, first joined Deutsche Bank on the foreign exchange options desk in 1995 after five years at CSFB.  He held a variety of roles in foreign exchange at Deutsche Bank until 2000. Between 2000 and 2004 he was Co-Head of Foreign Exchange at Goldman Sachs. He returned to Deutsche Bank in 2004 as Global Head of Foreign Exchange Sales.

Alan Cloete, Head of Global Finance & Foreign Exchange, commented, “Foreign Exchange is a core business for Deutsche Bank. Our ability to achieve market leadership in foreign exchange was one of the earliest signs of our having broken into the bulge bracket and it remains one of our proudest achievements. The business combines the bank’s best traditions of consistent innovation and dominant market share. Foreign Exchange is also recognised as one of the pioneers of inter-divisional co-operation and has had great success working in co-operation with other areas of the Bank.”

For further information, please call:

Deutsche Bank

Stephanie Smart  
(44 20) 7545 2908
Press & Media Relations


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 Euro 1,058 billion in assets and 65,435 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.