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New team strengthens Deutsche Bank's specialist fiduciary solutions & wealth planning proposition

  • United Arab Emirates: Saturday, November 15 - 2008 at 14:19
  • PRESS RELEASE

Deutsche Bank is strengthening its specialist fiduciary solutions and wealth planning offering for the Middle East and Africa markets by establishing a dedicated team in the region.

Andrew Tice has been appointed as Fiduciary Services Division (FSD) Team Partner for Deutsche Bank's Middle East & Africa (MEA) teams. Based in Dubai he takes on the responsibility for maintaining a strong business relationship and ensuring seamless communication between the Bank's relationship management teams in the MEA region and the global FSD. He will also help to support the region's fiduciary marketing and business development programs.

Andrew has held senior positions in a range of businesses, including major investment banks in Dubai and Toronto, and has extensive experience in developing international business with private, corporate and institutional clients. He joins Deutsche Bank from RBC, where he was Managing Director for over four years, responsible for restructuring the private client business in the Middle East region.

Prior to that, Andrew held senior investment management positions with Canada Trust Company in Toronto for over nine years, specialising in wealth management services. Andrew was the founder member of the Society of Trust and Estate Practitioners (STEP) in the Gulf, and was the ex-chairman of the Canadian Business Council in Dubai.

He will work closely with Alan Edwards, a knowledgeable and highly experienced Wealth Planner - a specialist role with responsibility for developing business and supporting Deutsche Bank teams in the region with wealth planning solutions for existing and potential clients.

Based in Geneva and travelling frequently to the region, Alan works closely with MEA and Global Markets teams by introducing wealth planning services for clients. Alan focuses upon the intricacies of strategic financial planning, preservation and growth of clients' wealth with the provision of individual fiduciary, insurance and other tailor-made solutions.

Having previously worked in Guernsey, Zurich and London, Alan brings substantial knowledge to his role, having joined Deutsche Bank's FSD team in 1980. He is a Member of STEP and has extensive experience in the administration of fiduciary and insurance solutions, estate and succession planning, technical product and new business development, having provided specialist fiduciary services support to Deutsche Bank's Relationship Managers and Wealth Planners located across various geographic markets. Alan has for the past year been the dedicated Wealth Planner for the MEA teams.

Mark Hirst, Head of Middle East & Africa, Private Wealth Management, Deutsche Bank, said:
"This is an exciting period for the MEA business. Some of the fastest growing economies in the world are to be found in the Middle East and Africa region. I am therefore, delighted to announce the formation of this new specialist team. Andrew and Alan's combined experience and expertise will strengthen Deutsche Bank's opportunity to develop business in the provision of specialist wealth management solutions for clients and their beneficiaries in the region."


Brian Conway, Director & Head of Trust Administration, Private Wealth Management, Deutsche Bank, said:
"The addition of this new team reinforces our 'One Bank' approach in delivering the right solution to our clients. This new working partnership between the Bank's relationship management, wealth planning and fiduciary services administration teams is a compelling proposition which will provide significant added value for present and future MEA clients."
 
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