PHOTO
Deutsche Bank today announced the appointment of Rafik Nayed as Chief Country Officer (CCO) for the United Arab Emirates and Senior Executive Officer of Deutsche Bank AG Dubai (DIFC) Branch. Effective immediately, Mr. Nayed takes over from Nadeem Masud who left Deutsche Bank at the end of 2015 to pursue opportunities outside the banking industry. Mr. Nayed continues to serve as the Vice Chairman of Deutsche Bank for the Middle East & North Africa (MENA).
Ashok Aram, CEO of Deutsche Bank EMEA, said: "Deutsche Bank is deeply committed to the United Arab Emirates (UAE) and the Middle East & Africa (MEA) region. The appointment of Rafik Nayed reflects the depth of skilled and committed senior people working for Deutsche Bank who strongly believe in our future business success in the UAE. The UAE plays an important role in our future MEA business, which continues to offer growth potential for the Bank."
With over 23 years experience in the financial services industry, Mr. Nayed joined Deutsche Bank in 2013 as Vice Chairman of the MENA region. Before joining Deutsche Bank, he was the Interim Chief Executive Officer of the Libyan Investment Authority and prior to that he worked for many years in the oil and gas and financial services industries in a variety of senior positions.
Aram also thanked Nadeem Masud: "Nadeem has been instrumental in Deutsche Bank's successful build-out in the region. His contribution over the last 18 years with Deutsche Bank and for the last four years as Chief Country Officer for the UAE was an important factor in Deutsche Bank becoming a leading international investment bank in this region. We wish Nadeem success with his future."
About Deutsche Bank
Deutsche Bank provides commercial and investment banking, retail banking, transaction banking and asset and wealth management products and services to corporations, governments, institutional investors, small and medium-sized businesses, and private individuals. Deutsche Bank is Germany's leading bank, with a strong position in Europe and a significant presence in the Americas and Asia Pacific.
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.
Deutsche Bank AG, Dubai (DIFC) Branch is a branch of Deutsche Bank AG located and registered in the Dubai International Financial Centre (DIFC) in the Emirate of Dubai, United Arab Emirates, with registered no. 00062. Principal place of business in the DIFC: Dubai International Financial Centre, Gate Village, Building 5, PO Box 504902, Dubai, United Arab Emirates. Deutsche Bank AG, Dubai (DIFC) Branch is regulated by the Dubai Financial Services Authority ("DFSA") and is authorized to provide Financial Services to Professional Clients only, as defined by the DFSA.
Deutsche Bank AG, Abu Dhabi Branch is a branch of Deutsche Bank AG located in the Emirate of Abu Dhabi, United Arab Emirates and is registered in the United Arab Emirates with Commercial Licence No. 1175182. Principal place of business in the United Arab Emirates: Injazat Building, Mohammed Bin Zayed City, P.O.Box 135056, Abu Dhabi, United Arab Emirates. Deutsche Bank AG, Abu Dhabi Branch is regulated by the Central Bank of the United Arab Emirates.
For further information, please contact:
Deutsche Bank AG
Press & Media Relations
Stuart Haslam
Direct: +971 (0) 4 4283 860
Mobile: +971 (0) 56 1993 599
E-Mail: stuart.haslam@db.com
© Press Release 2016
