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November 17, 2009

Deutsche Bank Strengthens Global Prime Finance IT Team

To develop and deliver technology to its expanded client base

By CBR Staff Writer

Deutsche Bank today announced eight additions to the group technology and operations group for global prime finance, a business dedicated to developing and supporting technology for the global prime finance business within the bank’s global markets division.

Larry Pecker joined as a director and head of prime brokerage information technology. Mr Pecker joined the bank from JP Morgan. He was in prime brokerage technology at Goldman Sachs. John Napoli, director, has been appointed as chief operating officer of global prime finance information technology. He was previously the global program management officer for the bank’s global equity derivatives business.

Both Mr Pecker and Mr Napoli will be based in New York and report to Sanjay Chojar, MD and head of global prime finance information technology. In addition, the group added six vice presidents with technical expertise.

Barry Bausano, co-head of global prime finance, said: These seasoned professionals have the technological and operational expertise required to develop and deliver technology to our expanded client base, and we are pleased to welcome them to our Global Prime Finance IT team.

Jonathan Hitchon, co-head of global prime finance, said: Our clients are amongst the most sophisticated traders in the industry, and Global Prime Finance IT is dedicated to providing them with the sharpest technology available.

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