Deutsche Bank Strengthens Natural Resources Platform in the Americas

New York - 21 March 2012

Andrew Safran to Join as a Vice Chairman in New York

Deutsche Bank today announced that Andrew Safran will join the firm’s Natural Resources coverage group as a Managing Director and Vice Chairman. He will be based in New York, reporting to Jacques Brand, Global Co-Head of Investment Banking Coverage and Advisory and Co-Chairman of the Corporate Finance Executive Committee. Safran will also become a member of the Bank’s Corporate and Investment Banking Americas Executive Committee.

Safran will join from Citigroup where he has spent the last 24 years, originally joining Smith Barney in 1988. Since 2011, Safran has been Chairman of the Energy, Power and Chemical groups and Vice Chairman of Global Banking. Previously he was Global Head of Energy, Power and Chemicals.

“We’re excited to add someone with Andy’s industry relationships and expertise to the already-strong team we have in place at Deutsche Bank,” said Dan Ward, Global Co-Head of Natural Resources Investment Banking Coverage. “I’m confident that his wealth of experience will prove tremendously valuable to our clients across the natural resources sector.”

“As activity across the natural resources sector continues to increase, so will our clients’ needs for expert advice and guidance,” said Brand. “We have no doubt that Andy will be a key contributor to providing the world-class service that clients need and expect from us.”

Safran holds a BA in Political Science and an MA in International Affairs from The Fletcher School of Law and Diplomacy at Tufts University.

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