OREANDA-NEWS. October 15, 2010. Deutsche Bank is pleased to announce a significant hire for its Markets business in Russia. Sofia Sool joins the bank as Managing Director and Head of Markets Coverage and Origination for Russia & CIS, with immediate effect.

Sofia Sool will be responsible for managing client relationships in Russia & CIS on a cross product basis across debt origination, public and private financing products and liability management solutions. Sofia will be based in Moscow and report to Nizar Al-Bassam, Head of Markets Sales & Coverage for CEEMEA, based in London and Andrey Kostin, Member of the Management Board of Deutsche Bank Ltd in Moscow.

Sofia brings to Deutsche Bank a strong track record and extensive contacts in the region. She joins from Credit Suisse where for the last ten years she was responsible for various roles in their emerging markets team covering Russia & CIS, first as head of DCM in Russia and Ukraine and later as Head of FIG coverage for Russia & CIS.

Commenting on the new appointment Igor Lojevsky, Chief Country Officer for Russia & CIS at Deutsche Bank, noted: “Sofia will be an excellent addition to our business, working closely with Russian clients. Her appointment further demonstrates our long term commitment and leadership in Russian capital markets.”

Nizar Al-Bassam, Head of Markets Sales and Coverage for CEEMEA at Deutsche Bank said: “Deutsche Bank is the leading bank for emerging market bond issuance in 2010*, with established platforms and global distribution networks across all local and major international currencies. Russia is a key market for us, and Sofia’s appointment reinforces our continued commitment to Russian issuers, borrowers, and investors at an exciting time in the market’s development.”

Andrey Kostin, Member of the Management Board of Deutsche Bank Ltd added: “Sofia’s appointment follows a number of senior hires by Deutsche Bank’s Markets team, including Michael Maltzoff, Managing Director and Head of Ukraine Coverage; Anatoli Kossarik, Director and Head of Bond Origination for Russia & CIS; Evgeny Monakhov, Managing Director and Head of Equity Sales in Russia & CIS; and Dmitri Betaneli, Managing Director and Head of Illiquid Credit Trading for Russia & CIS. Sofia will be an invaluable addition, enhancing and deepening our dialogue with clients, offering new and innovative business solutions, and focusing on our cross-product capabilities.”