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December 11, 2012

Pavel Kushnir is elected as a Member of the Management Board of Deutsche Bank Ltd.

Pavel joined Deutsche Bank in 2002 from CSFB in Moscow, where he was a member of the equity research department. Prior to that, Pavel held the same position with ABN AMRO in Moscow. Pavel Kushnir analyses the oil and gas sector for Deutsche Bank, covering Russia, Kazakhstan. Pavel leads the Deutsche Bank's #2-rated EMEA Oil & Gas Team in the 2011 Institutional Investor Survey and #2-rated Russia Oil & Gas Team in the 2011 Institutional Investor Survey. Pavel leads Deutsche Bank's #1-ranked EMEA Oil & Gas Team in the 2009 Extel Survey and is one of the top-3 Russian Oil & Gas analysts, according to the Institutional Investor's "2009 All-Russia Research Team" and Extel's "Focus Russia 2009" surveys.

Pavel holds a degree from the Russian Federation's Financial Academy.



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