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May 20, 2008

Deutsche Bank announces senior management appoitments in Russia

Igor Lojevsky joins as Сhief Сountry Officer. Charles Ryan becomes chairman of Deutsche Bank in Russia.

20 May 2008, MOSCOW - Deutsche Bank today announced the appointment of Igor Lojevsky as Chief Country Officer for Deutsche Bank in Russia. Lojevsky joins from Dresdner Bank where he was chairman of global banking and capital markets for Russia and CIS. He will join Deutsche Bank in August and report to Juergen Fitschen, member of the Group Executive Committee and Head of Regional Management.

Following the appointment of Lojevsky, Charles Ryan will become Chairman of Deutsche Bank in Russia.

Commenting on the appointments, Juergen Fitschen said: "These appointments demonstrate our investment in and commitment to this key market. It will enable us to invest, maintain and build upon our leading, long-established franchise in Russia. We see great opportunities in the country and are committed to providing the best talent and ideas for our clients."

Prior to joining Dresdner Bank in mid 2007, Lojevsky was previously at Deutsche Bank as head of fixed income, structured debt and structured equity sales and origination for Russia and CIS. He joined Deutsche Bank in 2005 from Vneshtorgbank where he was co-head of investment banking.

Joerg Bongartz remains Chairman of the Board of Managing Directors of Deutsche Bank OOO and Mikhail Yudin remains General Director of ZAO Deutsche Securities.

For further information, please call:

Deutsche Bank

Elaine Bartleet
+ 44 (0) 207 545 4907, office

Press and media relations
+ 44 (0) 7740 052771

Artem Dovlatov
+7 495 775-0077, office

The PBN Company
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