June 1, 2016

Deutsche Bank announces management changes in Russia

Deutsche Bank announced today that Pavel Teplukhin has decided to retire from his role as Chief Country Officer, Deutsche Bank Russia, effective August 1, 2016. Pavel will continue his cooperation with Deutsche Bank Group in Russia in his position as a Member of the Supervisory Board of Deutsche Bank Ltd., Russia.

The responsibilities of Chief Country Officer Deutsche Bank Russia will shift to Annett Viehweg in addition to her role as Chair of the Board of Deutsche Bank Ltd., which she has held since November 2015. Before that, she was Head of Global Network Banking for Central and Eastern Europe, Middle East and Africa at Deutsche Bank AG where she was responsible for business development with multinational corporate clients in nine countries. Viehweg joined Deutsche Bank in 1992 and has spent more than 15 years of her career with the bank in Russia. She has held several positions servicing international companies in Russia and Russian corporate clients.

Ashok Aram, Chief Executive Officer for Europe (excluding Germany and UK), Middle East & Africa, commented: “Over the course of the past four years, Pavel Teplukhin has contributed substantially to the development of Deutsche Bank Russia’s business and has navigated the franchise through very challenging times. We thank him for his contribution to improving the efficiency of the bank in Russia and enhancing the quality of our client base. We are glad that we will continue to benefit from Pavel’s experience in the Supervisory Board of Deutsche Bank Ltd., Russia.” Aram continued: “Annett Viehweg, with her broad experience in banking and knowledge of the Russian market, will play a crucial role in successfully delivering Deutsche Bank’s global strategy in Russia.”



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