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Deutsche Bank Builds Emerging Europe Expertise

Editorial Staff

24 February 2026

Deutsche Bank’s Private Bank is building its emerging Europe franchise, including the expansion of its freshly-announced Greek market coverage, and expanding services for the Middle East.

Appointees: 

Muhammad Salahuddin, senior relationship manager, Middle East – based in Geneva. Formerly of Julius Baer in Zurich, he also worked at Credit Suisse for five years. He has also spent almost a decade in the investment banking sector, working in London and Dubai.

Kostas Vasileiadis, senior RM for Greece, based in Geneva. Vasileiadis is joining the Greek market coverage team under Konstadinos Hatzinikolis, who reports to Sofia Sool, head of emerging Europe private banking. Vasileiadis has spent two decades in Geneva’s financial sector, with roles at Millennium Bank, Credit Suisse, HSBC and SYZ Bank.

Mike Savvides, head of investment management – emerging Europe, based in Luxembourg. Savvides leads a team serving clients from the emerging Europe region, which includes markets such as Turkey, Israel and the newly-established dedicated Greece coverage. He will report to Marc Fezer, head investment management Europe International, based in Zurich. 

Savvides, who began his career at in London, has served in senior roles at JP Morgan, HSBC, EFG, as well as Eurobank, Marfin, Piraeus Bank and Hellenic Asset Management in Athens. During the last seven years, he was a senior investment counsellor at HSBC Private Bank in Geneva.