Ex-Goldman Sachs MD hired by Deutsche Bank

31 December 2008

A former Goldman Sachs managing director has been hired by Deutsche Bank to work as a senior advisor for its Japanese investment banking division, Bloomberg has reported.

Takushi Abe, who left Goldman Sachs earlier this year, is set to take up his new role at Deutsche Securities' global banking division on January 5th, according to two people familiar with the company.

According to the news source, the pair were not identified as an official announcement has not yet been made by Deutsche Bank.

It is thought that Mr Abe's role will include overseeing client relationships for the bank's corporate finance business and mergers and acquisitions advisory.

Deutsche Bank announced earlier this month that it has been named by FinanceAsia as the best bank in the publication's 2008 Awards for Achievement.

FinanceAsia praised the bank's commitment to investment in Asian firms, as well as its sustained growth and continued business strength.

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