The move comes to bolster Deutsche Bank’s regional equities platform, which has seen heavy and growing volumes, and is seen as a clear signal of the bank’s commitment to the region.
Laing joined Deutsche Bank in 1995, and has since held a variety of senior positions in Equity Capital Markets (ECM) in London, New York, Hong Kong and Sydney. In 2005, Laing was appointed Co-Head of Equity Capital Markets for CEEMA with a focus on the Middle East and Africa.
Functionally, Laing will continue to report to Ashok Aram, Head of Equity and Debt Capital Markets CEEMA, and regionally to Ricardo Honegger, Head of Global Markets in the Middle East and North Africa.
Laing has, among other deals, been involved in some of Deutsche Bank’s landmark transactions in the Middle East, Africa and Europe, most notably: DP World’s $4.2bn IPO, the largest public offering in GCC history; Kingdom Hotel Investments’ $397m IPO, the DIFX’s first listing; as well as the $1.9bn floatation of Turk Telekom, Turkey’s largest IPO.