Deutsche Bank taps Citi for EMEA CIO role

Deutsche Bank, CitiDeutsche Bank has appointed Zeynep Ozturk-Unlu as chief investment officer for Europe Middle East and Africa (EMEA ex Germany) for the Private Bank.

Ozturk-Unlu joins Deutsche Bank in London from Citi, where she spent 22 years, most recently in New York as head of capital markets Americas, leading North America and Latin America.

She replaces the outgoing Tuan Huynh and reports to global chief investment officer Christian Nolting, effective immediately.

Previously she was with Citi Private Bank in London as EMEA capital markets head of fixed income, and before that as Citi’s head of Central Eastern Europe and Turkey cross-asset sales in institutional markets.

Originally from Turkey, she began her career in corporate banking in Istanbul. 

Deutsche Bank’s Nolting said: “We are delighted to welcome Zeynep Ozturk-Unlu to Deutsche Bank’s Private Bank in the role of Chief Investment Officer, EMEA. Attracting someone of her calibre speaks volumes about our attractiveness as a leading European bank with global reach, and the business unit’s strategic growth path.”

As CIO EMEA, Ozturk-Unlu will engage with clients and other stakeholders, including the media, alongside the broader CIO team. She joins Deutsche Bank’s Multi-Asset Investment Committee MIC as a voting member and is responsible for developing the Europe Middle East Africa (ex Germany) part of the CIO house view.

Her appointment completes the bank’s team of client-facing CIOs in each region globally; Dr. Ulrich Stephan covering Germany, Zeynep Ozturk-Unlu covering EMEA (excluding Germany), Deepak Puri covering Americas, Stefanie Holtze-Jen covering Asia Pacific, Markus Müller as ESG CIO, and led by global chief investment officer Christian Nolting.Nolting added: “Zeynep Ozturk-Unlu plays a key role in our global CIO structure and brings a wealth of EMEA local markets experience and insight for the benefit of our private banking and wealth management clients across the EMEA region.”

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