Deutsche Bank appoints Syed Kamran Zaidi as Chief Country Officer in Pakistan

Deutsche Bank announces today the appointment of Syed Kamran Zaidi as Chief Country Officer (CCO) for Pakistan and General Manager of Deutsche Bank AG Karachi Branch.

Commenting on the appointment, Kees Hoving, Co-Chief Executive Officer (Co-CEO) for Middle East and Africa (MEA), said: “Kamran’s appointment confirms the criticality of Pakistan in our award winning global network. Servicing our global clients with our committed and experienced colleagues is what we do best. We wish him all the best with our full support to further build this important country in our growing Middle East and& Africa franchise.”

Kamran joined Deutsche Bank Pakistan in 1997 as a trainee and has over 25-years of experience across Trade Finance, Corporate Cash Management and Coverage.

Deutsche Bank established its first presence in Pakistan 60 years ago in 1962. Today, Deutsche Bank employs close to 100 staff in its Karachi and Lahore branches. With a strong local presence, Deutsche Bank offers Pakistan-based clients with a wide range of Corporate and Investment Bank products and services, including foreign exchange, fixed income sales and trading, cash management, trade finance and treasury solutions for corporates (current, saving and deposit accounts, overdraft facilities, structured and vanilla trade finance solutions, etc).

Having access to the expertise of the bank’s regional and global teams, Deutsche Bank Pakistan also offer corporate clients based in the country corporate finance solutions, M&A advice, debt and equity capital market products (both conventional and ESG compliant) and structured trade finance solutions.

For further information, please contact:

Deutsche Bank AG Media Relations
Mohanad Nahas
Phone: +971(4) 3611-754
E-Mail: mohanad.nahas@db.com

About Deutsche Bank

Deutsche Bank provides retail and private banking, corporate and transaction banking, lending, asset and wealth management products and services as well as focused investment banking to private individuals, small and medium-sized companies, corporations, governments and institutional investors. Deutsche Bank is the leading bank in Germany with strong European roots and a global network.

Disclaimers and disclosures

Deutsche Bank AG is authorised under German Banking Law (competent authorities: European Central Bank and German Federal Financial Supervisory Authority (BaFin)) and, in the United Kingdom, by the Prudential Regulation Authority. It is subject to supervision by the European Central Bank and the BaFin, and to limited supervision in the United Kingdom by the Prudential Regulation Authority and the Financial Conduct Authority. Details about the extent of our authorisation and supervision by these authorities are available on request.

This release contains forward-looking statements. Forward-looking statements are statements that are not historical facts; they include statements about our beliefs and expectations and the assumptions underlying them. These statements are based on plans, estimates and projections as they are currently available to the management of Deutsche Bank. Forward-looking statements therefore speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events.

By their very nature, forward-looking statements involve risks and uncertainties. A number of important factors could therefore cause actual results to differ materially from those contained in any forward-looking statement. Such factors include the conditions in the financial markets in Germany, in Europe, in the United States and elsewhere from which we derive a substantial portion of our revenues and in which we hold a substantial portion of our assets, the development of asset prices and market volatility, potential defaults of borrowers or trading counterparties, the implementation of our strategic initiatives, the reliability of our risk management policies, procedures and methods, and other risks referenced in our filings with the U.S. Securities and Exchange Commission. Such factors are described in detail in our SEC Form 20-F of 20 March 2020 under the heading “Risk Factors”. Copies of this document are readily available upon request or can be downloaded from www.db.com/ir.