Deutsche Bank International Private Bank hires Co-Head of Lending EMEA
Deutsche Bank International Private Bank (IPB) has hired Adam Russ as Co-Head of Lending EMEA, building out its capabilities for family entrepreneurs who need a one-stop solution for their private and company needs both on the asset and liability side.
Russ joins in June from Goldman Sachs, where he was responsible for Lending in EMEA and Latin America since 2014. He previously worked at Barclays from 2007. He will be a Managing Director based in London, reporting to Alessandro Caironi, IPB Head of Lending, Advisory & Sales and will closely work with Marco Pagliara, Head of IPB EMEA.
“As we continue on our growth journey, we’re investing in hiring senior bankers like Adam Russ to further build out our position as a leading global house for family entrepreneurs,” says Alessandro Caironi, IPB Head of Lending, Advisory & Sales.
He adds: “Lending is one of our core strengths. We have led the market over the past decade in strategic services for entrepreneurs and in meeting their financing requirements even during stressed market conditions such as during the pandemic.”
“Adam’s great track record in lending supports our ambition to expand our UK wealth management platform, focusing on UK and Emerging Market clients,” says Marco Pagliara, Head of IPB EMEA.
Deutsche Bank’s International Private Bank serves more than three million clients, including private clients and small and medium-sized enterprises (SMEs) in Italy, Spain, Belgium and India, and wealth management clients from more than 80 locations in Germany, the rest of Europe, the Middle East and Africa (EMEA), Asia-Pacific and the Americas. It has around EUR250 billion of assets under management and annual revenue of approximately EUR3 billion.