Deutsche Bank today announced that Jorge Arce has been
appointed Chief Country Officer for Deutsche Bank
Mexico.Arce will be based in Mexico City and will report to
Bernardo Parnes, CEO of Deutsche Bank Latin America.
Arce, a 16-year veteran of Deutsche Bank, most recently
served as Head of Northern Latin America for the bank's
Private Wealth Management business.Arce will replace Juan
Guthmann, Chief Operating Officer for Latin America who
also served as interim Chief Country Officer for Deutsche
Bank Mexico.
"Jorge has a unique understanding of clients' needs and has
been instrumental in developing strong client relationships
in Mexico," said Parnes."Mexico remains a key growth area
for Deutsche Bank in the Americas and is a cornerstone of
our strategy in Latin America. I am confident that the
momentum we have developed in Mexico over the past several
years will continue under Jorge's leadership."
"Having experienced firsthand the development of the Bank's
franchise in Mexico over the past several years, I am
honored and excited to be taking on this role," said
Arce."I look forward to working with my colleagues to
further strengthen the Deutsche Bank platform and maintain
the excellent level of service that we deliver to our
clients in Mexico."
Deutsche Bank has been active in Mexico for more than 50
years, having first established itself in 1957. In 1995,
Deutsche Bank obtained its license to operate a Casa de
Bolsa (Broker Dealer). In 2000, Deutsche Bank obtained a
local banking license and Deutsche Bank Mexico, S.A. -
Institucion de Banca Multiple began operations.
For further information, please call:
Deutsche Bank AG
Press & Media Relations
John Gallagher
Phone: +1 (212) 250-4516
john-t.gallagher@db.com
About Deutsche Bank
Deutsche Bank is a leading global investment bank with a
strong private clients franchise. Its businesses are
mutually reinforcing. A leader in Germany and Europe, the
bank is continuously growing in North America, Asia and key
emerging markets. With more than 100,000 employees in 73
countries, Deutsche Bank competes to be the leading global
provider of financial solutions, creating lasting value for
its clients, shareholders, people and the communities in
which it operates.
Securities and investment banking activities in the United
States are performed by Deutsche Bank Securities Inc.,
member NYSE, FINRA and SIPC, and its broker-dealer
affiliates. Lending and other commercial banking activities
in the United States are performed by Deutsche Bank AG, and
its banking affiliates.Neither Deutsche Bank AG nor any of
its banking affiliates is responsible for the obligations
of Deutsche Bank Securities Inc. or any other U.S.
broker-dealer affiliates. © 2011 Deutsche Bank AG.
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