Page 175 - ETIHAD CREDIT INSURANCE PR REPORT - JUNE 2025

6/12/25, 4:40 PM Deutsche Bank appoints Majed Julfar as Head of Corporate Coverage Middle East & Africa and Chief Country Officer for the UAE
Commenting on the appointment,
Jamal Al Kishi
, Chief Executive Officer (CEO) for Middle East & Africa, said: “Majed’s appointment reflects the strength of our commitment to
the UAE and the wider MEA region. His deep client relationships and understanding of regional markets will be critical as we
continue to grow our business and deliver best-in-class solutions to our clients.”

Chintan Shah
, Head of Corporate Coverage APAC & MEA, added: “Majed’s leadership will strengthen our ability to align global product
capabilities with local client needs. His appointment supports our strategy of building a highly coordinated, client-focused
coverage model across the MEA region.”

The appointment follows Deutsche Bank’s recent expansion in the UAE with the granting of a new branch license in Abu Dhabi
Global Market (ADGM), reinforcing its long-term commitment to the market and enhancing its ability to support clients in both
Abu Dhabi and Dubai.

Deutsche Bank has been present in the UAE since 1999 and offers a full range of financial services including corporate
banking, investment banking, and wealth management.

For further information, please contact:

Deutsche Bank AG

Press & Media Relations
Mohanad Nahas
E-Mail:
mohanad.nahas@db.com

+++

Disclaimers and disclosures

Deutsche Bank AG, Dubai (DIFC) Branch is a branch of Deutsche Bank AG located and registered in the Dubai
International Financial Centre (DIFC) in the Emirate of Dubai, United Arab Emirates, with registered no. 00062. Principal
place of business in the DIFC: Dubai International Financial Centre, ICD Brookfield Place, Floor 35, PO Box 504902,
Dubai, United Arab Emirates. Deutsche Bank AG, Dubai (DIFC) Branch is regulated by the Dubai Financial Services
Authority (“DFSA”) and is authorized to provide Financial Services to Professional Clients only, as defined by the DFSA.

This release contains forward-looking statements. Forward-looking statements are statements that are not historical
facts; they include statements about our beliefs and expectations and the assumptions underlying them. These
statements are based on plans, estimates and projections as they are currently available to the management of
Deutsche Bank. Forward-looking statements therefore speak only as of the date they are made, and we undertake no
obligation to update publicly any of them in light of new information or future events.

By their very nature, forward-looking statements involve risks and uncertainties. A number of important factors could
therefore cause actual results to differ materially from those contained in any forward-looking statement.

Such factors include the conditions in the financial markets in Germany, in Europe, in the United States and elsewhere
from which we derive a substantial portion of our revenues and in which we hold a substantial portion of our assets, the

https://country.db.com/news/detail/20250610-deutsche-bank-appoints-majed-julfar-as-head-of-corporate-coverage-middle-east-and-africa-and-chief-co… 2/3