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01 December 2010
Frankfurt
Reporter Justin Lawson

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Deutsche Bank appoints new Netherlands chief country officer

Deutsche Bank has announced the appointment of Maarten van Berckel as Chief Country Officer for the Netherlands, effective from 1st December 2010. Mr. Van Berckel succeeds Leonhard Degle, who will retire in March 2011 after 38 years service with Deutsche Bank, the last ten of which he was Chief Country Officer in the Netherlands.

In his new role, Mr. Van Berckel will have responsibility for Deutsche Bank in the Netherlands across all businesses, including the management of client relationships and the further implementation of the Bank’s growth strategy. He will report to Juergen Fitschen, Member of the Management Board of Deutsche Bank.

Mr. Van Berckel has 25 years of experience in the financial industry and was previously Deutsche Bank’s Chairman for Corporate Finance in the Benelux region. Mr. Van Berckel, who will continue be based in Amsterdam, joined the Bank in 2008. Prior to that, he was a Managing Director of Lehman Brothers International (Europe) and Chief Executive Officer of Lehman Brothers Benelux.

Juergen Fitschen commented: "We would like to thank Leonhard Degle for his service and commitment to Deutsche Bank. Leonhard played an important role in leading the growth of our franchise in the Netherlands, including the recent successful acquisition of parts of ABN AMRO's commercial banking activities.”

He added: "Maarten’s appointment comes at the start of a new era for Deutsche Bank in the Netherlands. His experience and record of achievement in the Benelux region gives us confidence that he will successfully manage and continue to grow our operations in the country."

Deutsche Bank employs close to 1,500 people in the Netherlands, where it is the fourth-largest commercial bank. It has been active in the Netherlands for almost a century and offers the full range of investment banking services, asset and wealth management and global transaction banking services.

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