Economy
Deutsche Bank AG appoints former Italian PM |
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| Economy | |
| Written by Gary Howes | |
| Friday, 05 February 2010 | |
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Deutsche Bank Ag (NYSE:DB) has appointed a former Italian Prime Minister to its team. Deutsche say that former Prime Minister Giuliano Amato will act as a Senior Advisor for their Italian operations. The appointment is effective immediately. Amato will support Deutsche Bank in Europe, primarily Italy, focusing on relevant political and macro economic scenarios, monitoring governmental interventions and regulations, and supporting actual and potential key clients. Amato was the Prime Minister of Italy from 1992 to 1993 and 2000 to 2001. He held many senior positions during his tenure in politics, including two terms as Treasury Minister and most recently from 2006 to 2008 as Internal Affairs Minister. He chaired the Italian Antitrust Authority from 1994 to 1997 and was Vice President of the Convention on the Future of Europe from 2002 to 2003. Currently, he is Professor Emeritus at the European University Institute in Florence and Chairman of Istituto Treccani. Deutsche Bank is one of the largest banks in Italy, with leading market shares in corporate and investment banking. The Bank employs over 4,000 people in more than 500 financial centres, Prestitempo and Finanza & Futuro agencies and branches. "Giuliano Amato is one of the most distinguished public servants in Europe, and I am delighted to welcome him to Deutsche Bank," said Dr. Josef Ackermann, Chairman of the Management Board of Deutsche Bank. "His decision to join us demonstrates the strength of our Italian franchise and our ongoing commitment to engaging constructively in the country." Giuliano Amato said, "Deutsche Bank is a leading global investment bank and has a long and impressive track record in Italy. I look forward to supporting its continued success and expansion." Flavio Valeri, CEO for Italy at Deutsche Bank, said, "It is a great honour for all of us in Italy to work alongside President Amato. His appointment underlines our leading role in this important market, and our continued investment in the platform." |
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