March 2, 2006

Serhiy Berezhny joins Deutsche Bank as Head of Trust & Securities Services in Russia

Deutsche Bank today announced that Serhiy Berezhny has joined the Bank as Head of Trust & Securities Services in Russia, with primary responsibility for Domestic Custody Services, a unit which provides custody and fund administration services to domestic and international institutional investors.

Serhiy reports to Andrew Carter, Head of Product and Client Management for Domestic Custody Services in Eastern and South Eastern Europe.

Serhiy joins Deutsche Bank from ING Bank (Eurasia) ZAO. He has over eight years of senior management experience in the custody and securities services business in both Russia and Ukraine.

“Russia is a key market for us, and following the recent announcement of the Bank’s acquisition of United Financial Group, we will now be offering clients a wider range of custody and securities services products. We are confident that Serhiy’s expertise in the region will enable him to actively contribute to growing the custody and related businesses within Russia and the CIS,” said Carter.

For further information:

Nicole Stumpf Tel: +49 69 910 62459
Olga Podoinitsyna Tel: (+7 495) 797 5303

Deutsche Bank
With Euro 993 billion in assets and 63,427 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.
Domestic Custody Services, part of Trust & Securities Services in Deutsche Bank’s Global Transaction Banking business, is one of the leading providers of fund administration services and securities custody in Russia.
Deutsche Bank


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