People Moves

New EMEA CIO At Deutsche Bank

Amanda Cheesley Deputy Editor 13 October 2022

New EMEA CIO At Deutsche Bank

The latest moves and appointments at Deutsche Bank.

Deutsche Bank appointed  Zeynep Ozturk-Unlu this week as the chief investment officer for Europe, Middle East and Africa for the private bank. 

Her appointment completes the bank’s global team of CIOs.

The chief investment office is committed to maintaining close connectivity with clients and local markets in every geographic region, the firm said in a statement. 

With Ozturk-Unlu’s appointment, the CIO team is represented by client-facing investment and capital markets professionals in each region globally, the firm added. 

Dr. Ulrich Stephan will cover Germany, Zeynep Ozturk-Unlu will cover EMEA (excluding Germany), Deepak Puri will cover Americas, Stefanie Holtze-Jen will cover Asia Pacific, and Markus Müller is ESG CIO, led by global chief investment officer Christian Nolting, the firm said.

Welcoming the move, Nolting said: “Attracting someone of her calibre speaks volumes about our attractiveness as a leading European bank with global reach, and the business unit’s strategic growth path.”

Ozturk-Unlu joins Deutsche Bank in London from Citi where she spent 22 years of her career, most recently in New York as head of capital markets Americas, leading North America and Latin America, the firm added. 

Previously, she was with Citi Private Bank in London as EMEA capital markets head fixed Iincome, and before that as Citi’s head of Central Eastern Europe and Turkey cross-asset sales in institutional markets. 

A native of Turkey, she began her career in corporate banking in Istanbul.  

As CIO EMEA, Ozturk-Unlu will present the CIO view to clients and other stakeholders, including the media. She joins the firm's Multi Asset Investment Committee as a voting member and is responsible for developing the Europe Middle East Africa (ex Germany) part of the CIO house view, the firm said.    

“Zeynep Ozturk-Unlu plays a key role in our global CIO structure, and brings a wealth of EMEA local markets experience and insight for the benefit of our private banking and wealth management clients across the EMEA region,” Nolting added.

Ozturk-Unlu, who also reports to Nolting, has started in the post immediately.

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