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Company : Deutsche Bank  
Tuesday, February 10, 2004 5:33PM IST (12:03PM GMT)
Deutsche Bank Appoints Sanjay Agarwal, Head of Global Corporate Finance India
Mumbai, Maharashtra, India

Deutsche Bank today announced the appointment of Sanjay Agarwal to the new role of Managing Director and Head of Global Corporate Finance, India. Mr Agarwal will be based in Mumbai and reports directly to Philip Crotty, Head of Global Corporate Finance, Asia.

Mr Agarwal previously held the position of Chief Representative of Goldman Sachs India and Co-Head of Investment Banking Services at Kotak Mahindra Capital Company.

Announcing the appointment, Crotty said: "The appointment of Sanjay Agarwal clearly signals Deutsche Bank's commitment to the development of our Corporate Finance franchise in India where we see opportunity for future expansion."

Deutsche Bank's advisory business in Corporate Finance and M&A in Asia has expanded strongly in recent years and Deutsche Bank was ranked Number 1 in the Bloomberg M&A league tables for 2003 in Asia Pacific, with involvement in transactions valued at of over E4 billion.

Mr Gunit Chadha, Chief Executive Officer of Deutsche Bank in India, said: "The further development of our Corporate and Investment Banking franchise in India is a global priority for Deutsche Bank and all of our core businesses, including Asset Management and Private Wealth Management, now have a strong presence here. Sanjay's mandate is to facilitate the delivery of Deutsche Bank's considerable global and regional Corporate Finance and Advisory capabilities to clients in India."

About Deutsche Bank

With approximately 864 billion in assets and 68,500 employees, Deutsche Bank offers its 13 million clients unparalleled financial services in 76 countries throughout the world. Deutsche Bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.

Deutsche Bank ranks among the global leaders in corporate banking and securities, transaction banking, asset management, and private wealth management, and has a significant private & business banking franchise in Germany and other selected countries in Continental Europe.

In Asia Pacific, Deutsche Bank has over 30 offices in 15 countries with more than 5,900 staff.

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Deutsche Bank appoints Sanjay Agarwal Head of Global Corporate Finance India