The 33 new MDs in Deutsche Bank's most important business
Nearly a month after making promotions in its corporate finance and advisory business, Deutsche Bank has just promoted some new managing directors in its all-important fixed income sales and trading business.
Deutsche's fixed income currencies and commodities (FICC) business single-handedly generated 89% of revenues in Deutsche's investment bank last year, and a third of revenues for Deutsche Bank as a whole. People promoted in this year's bonus round will be among those responsible for this outcome.
Nonetheless, 33 isn't a huge number and some of those on DB's latest list have been waiting a long time for the call. They include Natacha Hilger, a relationship manager in Frankfurt, who's worked for the bank for nearly 28 years and Daniel Trew, the head of European short duration sales in London, who's been there over a decade.
Some of the new MDs are recent joiners, however. Marliz Mejia joined from Santander in Jan 2022 and Fabian Lang joined from JPMorgan in July 2021.
Absent from the list were all the Credit Suisse credit people Deutsche hired at the end of last year - many of whom presumably joined as MDs already.
Deutsche Bank's London office has historically been disproportionately weighted towards MDs, with the bank employing more MDs and directors than analysts and associates in the past. However, DB has been attempting to redress this by relying more heavily on vice presidents.
2023 FIC MDs at Deutsche Bank:
Apoorv Madhup, global financing and credit, Mumbai
Sarah Gate, Commercial Real Estate - EMEA
Jonathan Glionna, credit analysis, New York
Jean Augustin, Florida
Michael Suppan, infrastructure and energy financing, London
Oliver Dunsche, Head of Financial Asset Credit Solutions, New York
Zafarjon Zohidov, CEEMEA Head of corporate lending and special situations, London
Enrique Payan, FX derivatives trading, New York
Shuo Wu, Global Head of Forward eTrading at Deutsche Bank
Kim Patkovic, illiquids trading, Zurich
Daryl Li, head of short term rates, London
Elina Cotler, Muni trader, New York
Natacha Hilger, Relationship Manager for European Debt Management Offices, Frankfurt
Thomas Joseph, fixed income sales, California
Marliz Mejia, head of sales, Mexico
Parag Ranade, head of loans and private credit distribution, Singapore
Anand Krishnamurthy, head of fixed income sales, Mumbai
Gabor Asztalos, Head of FIC Rates Origination, CEEMEA, London
Tom Kaplan, Head of Israel Institutional Client Group, Israel
Fabian Lang, Head of Real Money Clients Germany & Austria, Frankfurt
lain Macara, Securities services, London
Paula Patino, relationship management, London
Daniel Trew, Head of European Short Duration Sales, London
Click here to create a profile on eFinancialCareers. Make yourself visible to recruiters hiring for top jobs in technology and finance.
Have a confidential story, tip, or comment you’d like to share? Contact: firstname.lastname@example.org in the first instance. Whatsapp/Signal/Telegram also available (Telegram: @SarahButcher)
Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. Eventually it will – unless it’s offensive or libelous (in which case it won’t.)