Deutsche Bank appoints new head of research

Deutsche Bank has announced the appointment of Dr. Thomas Mayer as the new head of Deutsche Bank Research, with effect from 1 January 2010.
In addition Dr. Mayer will become chief economist, and he succeeds Professor Dr. Norbert Walter who is to retire from the bank at the end of 2009, following 22 years with the firm.
Presently Dr. Mayer works in the Global Markets Division as chief European economist, and has been with Deutsche Bank for the last seven years.
Before joining the firm he worked for investment bank Goldman Sachs as an economist, holding a similar post with Salomon Brothers.
Earlier in his career Dr. Mayer worked at the Kiel Institute for the World Economy and IMF.
Chairman Dr. Josef Ackermann thanked Professor Walter for his many years of service to Deutsche Bank, and wished his successor, Dr. Mayer, the best in his new post.
by Richard Kilner