Charles Ryan, Chairman and CEO of UFG, will become Chief Country Officer and CEO of Deutsche Bank in Russia. Alexis Rodzianko, Deutsche Bank’s current Chief Country Officer, will stay with Deutsche Bank until mid 2006 to provide a smooth transition.
Charles Ryan, Chairman and CEO of UFG said: “My team and I are delighted to begin this new chapter in the history of our organization and the Russian securities industry. Our careful approach to building this relationship slowly and prudently has ideally positioned our people and products for the smoothest possible transaction. I am looking forward to my new role and am confident that the acquisition of UFG will further reinforce DB's position as a market leader in the provision of financial advisory services in Russia. As ever, we are grateful to our clients, to whom we ultimately owe our success. The past two years have shown that the combination of UFG and Deutsche Bank has been a potent recipe for success in helping them build their businesses and meeting their investment goals. We see a bright future ahead.”
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Elaine Bartleet Tel: +44 7740 052771 (London)
Armin Niedermeier Tel: +49 69 910 33402 (Frankfurt)
Olga Podoinitsyna Tel: (+7 495) 797 5303 (Moscow)
Tel: +49 69 910 35395 (Frankfurt)
Tel: +1 212 250 7125 (New York)
With Euro 972 billion in assets and 63,751 employees, Deutsche Bank offers unparalleled financial services in 74 countries throughout the world. Deutsche 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.
UFG is recognized by investors as a foremost source of accurate, independent and relevant research and innovative investment solutions. UFG’s top-ranked Equity Research team covers all major economic sectors and has been consistently ranked in the top two equity houses in Russia and EMEA. The firm has led the market in corporate finance and the burgeoning capital markets and is acknowledged by Western and Russian investors as creators of value.
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