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<strong>Deutsche</strong> <strong>Bank</strong> 04 – Corporate Governance Statement/Corporate Governance <strong>Report</strong> 377<br />

Financial <strong>Report</strong> 2010 Management Board and Supervisory Board<br />

Dr. Hugo Bänziger<br />

Age: 55<br />

First appointed: 2006<br />

Term expires: 2014<br />

Dr. Hugo Bänziger became a member of our Management Board on May 4, 2006. He is our Chief Risk Officer.<br />

He joined <strong>Deutsche</strong> <strong>Bank</strong> in London in 1996 as Head of Global Markets Credit. He was appointed Chief Credit<br />

Officer in 2000 and became Chief Risk Officer for Credit and Operational Risk in 2004.<br />

Dr. Bänziger began his career in 1983 at the Swiss Federal <strong>Bank</strong>ing Commission in Berne. From 1985 to 1996,<br />

he worked at Schweizerische Kreditanstalt (SKA) in Zurich and London, first in Retail <strong>Bank</strong>ing and subsequently<br />

as Relationship Manager in Corporate Finance. In 1990 he was appointed Global Head of Credit for CS Financial<br />

Products.<br />

He studied Modern History, Law and Economics at the University of Berne, where he subsequently earned a<br />

doctorate in Economic History.<br />

Dr. Bänziger is a member of the Supervisory Board of EUREX Clearing AG, member of the Supervisory Board<br />

of EUREX Frankfurt AG and a member of the Supervisory Board of EUREX Zürich AG.<br />

Jürgen Fitschen<br />

Age: 62<br />

Appointed: 2009<br />

Term expires: <strong>2012</strong><br />

Jürgen Fitschen became a member of our Management Board on April 1, 2009. Mr. Fitschen has been with<br />

<strong>Deutsche</strong> <strong>Bank</strong> since 1987, was already a member of the Management Board from 2001 to the beginning of<br />

2002 and has been a member of the Group Executive Committee since 2002 and Head of Regional Management<br />

since 2005. As member of our Management Board, he is responsible for Regional Management.<br />

Mr. Fitschen studied Economics and Business Administration at the University of Hamburg and graduated in<br />

1975 with a master’s degree in Business Administration.<br />

From 1975 to 1987, he worked at Citibank in Hamburg and Frankfurt am Main in various positions. In 1983 he<br />

was appointed member of the Executive Committee Germany of Citibank.<br />

Mr. Fitschen is a member of the Board of Directors of Kühne + Nagel International AG, member of the Supervisory<br />

Board of METRO AG and member of the Supervisory Board of Schott AG.

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