Deutsche Bank Appoints Andrew Rand as Regional Head of Direct Securities Services in EMEA

London 8 May 2012 – Deutsche Bank today announced the appointment of Andrew Rand as Regional Head of Direct Securities Services (DSS) in EMEA within the Trust & Securities Services group of its Global Transaction Banking division.
As one of the world’s leading securities services agent banks, Deutsche Bank’s DSS business provides a full range of custody, clearing and settlement, agency securities lending and fund services in over 33 securities markets across Europe, the Middle East, Asia Pacific and the Americas.
Based in Frankfurt, Andrew Rand joins Deutsche Bank from Brown Brothers Harriman (BBH), Boston where he was Head of Global Network Management. Andrew was responsible for managing the global subcustodian banks for BBH and has over 20 years’ industry experience. Andrew will report to Thibaud de Maintenant, Global Head of Direct Securities Services.
Thibaud de Maintenant, Global Head of Direct Securities Services at Deutsche Bank, said: “We are extremely pleased that Andrew has joined our team; he is a leading industry professional who brings a depth of experience to the new role. His appointment reinforces our commitment to the EMEA region where we currently operate in 16 markets. Andrew will represent DSS in national and international markets.”
Satvinder Singh, Global Head of Trust & Securities Services and Cash Management for Financial Institutions at Deutsche Bank said: “With Andrew’s appointment we are further strengthening our DSS team and franchise in continental Europe. Andrew’s proven track record will prove invaluable and his decision to join Deutsche Bank reinforces the excellent reputation of our Securities Services business.”