The FINANCIAL -- Deutsche Bank's Global Transaction Banking division on March 8 announced the appointment of Kees Hoving as Managing Director, Regional Head of Trade Finance and Cash Management Corporates business for Germany, effective 1. March 2010.

Kees Hoving joins from RBS; Global Transaction Services where his most recent role was Head of GTS Netherlands and Head of Global Network Sales. He has over 15 years' experience in corporate banking and relationship management with major international banks.

Marilyn Spearing, Deutsche Bank's Global Head of Trade Finance and Cash Management Corporates, said:" We are pleased to welcome Kees Hoving with his long-standing experience in transaction banking onboard with Deutsche Bank. This will further strengthen our position as a leading European provider of sophisticated solutions for working capital solutions and trade and transactional finance."

Reinhard-E. Uhl , Deutsche Bank's Regional Head Global Transaction Banking for Germany,  said, "Kees is an important addition to our team and will lead our growth strategy for our Trade Finance and Corporate Cash Management business in our German home market . His experience and industry knowledge will further strengthen our established transaction banking footprint in Germany and enable us to drive cash and trade synergies."

Based in Frankfurt, Mr Hoving will report globally to Marilyn Spearing and regionally to Reinhard-E. Uhl.

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