June 30, 2010

Deutsche Bank further strengthens its Russian Global Markets team

30 JUNE 2010, MOSCOW – Deutsche Bank is pleased to announce two significant hires for its Global Markets business in Russia. Bulent Ilgun will be Head of Treasury as well as Head of Rates and FX trading in Russia while Evgeny Monakhov will be Head of Russian Equity Sales for Russia.

Bulent Ilgun will be responsible for Deutsche Bank's industry leading local rates and fx business in Russia and CIS region and will report to Batubay Ozkan, Head of Global Markets for Russia & CIS.

Evgeny Monakhov will be responsible for Russian international and domestic equity sales. He will report jointly to Tim Wiswell, Head of Equity Trading in Russia and Brian Thomas, Head of CEMEEA Equity Sales & Sales Trading in London.

Commenting on the new appointments Igor Lojevsky, Chief Country Officer, Deutsche Bank, Russia and CIS noted: “Russia is a high priority market for us. These new hires will support our position as the leading investment bank in Russia and the ongoing growth of the bank's emerging markets franchise.”
“I am delighted to welcome Bulent and Evgeny to our team and I am certain that their client focus, dynamism, expertise, and wealth of experience will make a huge contribution to our global markets business in Russia and CIS,” said Batubay Ozkan, Head of Global Markets for Russia & CIS.

Bulent Ilgun joins Deutsche Bank from Credit Europe Bank in Moscow where he spent 10 years, mostly as Head of Treasury and fixed income. For the last four years he was also a member of the management board. Prior to this Bulent was a senior dealer in treasury at FinansInvest A.S. He graduated from Bilkent University in Ankara, Turkey.

Evgeny Monakhov joins Deutsche Bank with 13 years of EMEA experience from Credit Suisse where he spent the last year running the Credit Suisse Moscow’s EMEA Equity Sales desk. He was previously a research analyst at W. C. Conner Educational Investment Fund. Evgeny graduated from Texas Christian University, USA, where he obtained his MBA degree.

For further information, please call:

Deutsche Bank
Dimitri Agishev
Phone: +7 495 / 797 5026
E-Mail: Dimitri.Agishev@db.com

About 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 80,849 employees in 72 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 Ltd. (Deutsche Bank Russia) was established in April 1998. The Bank is a wholly-owned subsidiary of Deutsche Bank AG. Deutsche Bank has become one of the largest foreign banks in Russia. Deutsche Bank Russia 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.

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