Member Banks
Introducing Banking Association Member
Deutsche Bank
Q&A
Name of bank: Deutsche Bank
Who owns the bank? The South African Operation is part of the
global Deutsche Bank, reporting into Deutsche Bank’s Managing
Board chaired by Deutsche Bank’s co-CEOs, Jürgen Fitschen and
Anshu Jain. Deutsche Bank shares are listed in Germany and in
the USA.
Core business: Deutsche Bank in South Africa offers a full range
of competitive investment banking products and services including
corporate finance, equity capital markets, debt capital markets,
prime finance, global markets, foreign exchange, equities research,
debt and equities sales, derivatives and trading.
Core values: We aspire to be the leading client-centric global
universal bank. To place Deutsche Bank at the forefront of cultural
change in our industry, the following values were launched at the
end of August 2013 and have been embraced by the bank globally:
Integrity, Sustainable Performance, Client Centricity, Innovation,
Discipline and Partnership.
Any newsworthy changes in the bank’s structure or business in
the near future: On 16 September 2013, Deutsche Bank welcomed
Peter Wharton-Hood to the Bank, succeeding Herman Bosman, as
Chief Country Officer for South Africa. He is responsible for the
strategic direction and overall governance of the bank’s South
African operations and will lead an established and successful
management team locally across all divisions.
Is there a key product or initiative you wish to highlight?
Deutsche Bank’s Centre for Financial Entrepreneurs,
established five years ago at its Sandton premises, has
enabled ten South African, black-owned businesses to
flourish from one or two man start-ups to companies
that now cumulatively employ over 60 staff.
Furthermore, Deutsche Bank ensures that South
Africa’s transformation objectives are considered
when advising on significant international
investments in the country. In September 2013,
Deutsche Bank was appointed as Joint Lead Manager
on National Treasury’s $2 billion International Bond, partnering
alongside several black-owned entities including Basis Points
Capital, a tenant of Deutsche Bank’s Centre for Financial
Entrepreneurs.
International links: Deutsche Bank opened its doors in 1870 in
Berlin. Today the bank is present in 72 countries and employs
around 100 000 people. The South
African business provides significant
access to key markets in SubSaharan Africa.
Note on CSI The Deutsche Bank
South Africa Foundation has
contributed over R105 million
since its inception (2000) to various community projects focused
on education, social investments,
care for orphaned and vulnerable
children and the arts. ■
The CEO: Peter Wharton-Hood
Peter Wharton-Hood joins Deutsche Bank from the Standard Bank Group where he was Group Chief Operating Officer for
four years. With more than 20 years experience in finance, banking and financial services, Wharton-Hood was with the Edcon
Group, one of South Africa’s largest clothing and fashion retailers, for five years as Group Finance Executive before joining the
Corporate and Merchant banking division of the Standard Bank Group in 1997. Wharton-Hood joined the Executive Committee
of Standard Bank in 1999 and has held a number of executive roles in South Africa, Africa and internationally, including that of
Group Deputy Chief Executive prior to his current role.
For further information contact Deutsche Bank on 011 775 7000 (Jackee Downs)
or visit www.db.com
Address • 3 Exchange Square • 87 Maude Street • Sandton 2196
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