Doron Averbuch has been appointed CEO of Deutsche Bank in Israel

Deutsche Bank announced today the appointment of Doron Averbuch to the position of CEO of Deutsche Bank – the Israeli branch, as of February 1, 2021. Averbuch will be responsible for all activities of the Deutsche Bank Group in Israel, in the various business divisions managed locally by Deutsche Securities Israel Ltd. M. and Deutsche Global Markets Ltd.

Averbuch joins Deutsche Bank with over 20 years of experience in international banking. Prior to joining Deutsche Bank, Averbuch held a number of senior management positions at Credit Suisse in London and was subsequently appointed CEO of Credit Suisse Israel. In this position, Averbuch headed the bank’s business in Israel, including investment banking and private banking. , Lufkin and Generate in London.

Averbuch holds an MBA from London Business School and a bachelor’s degree in economics from Tel Aviv University with honors. Averbuch is a former fighter pilot in the Israeli Air Force.

Keys Hobbing, Managing Director of Deutsche Bank for the Middle East and Africa Region, stated: “Deutsche Bank’s activity in the Israeli branch is a significant part of our strategy for the Middle East and Africa region. I am excited to add Doron, a professional with rich financial experience and a deep understanding of the region. “I manage Deutsche Bank’s operations. I am convinced that his experience, combined with his insight and unique look, complement the strength of the existing team and they will accelerate Deutsche’s business momentum, while addressing the needs of our customers in Israel.”

Hobbing also thanked Dr. Schwartz: “We sincerely thank Boaz for his dedication and service throughout his decorated 24-year career at the bank. At the beginning of his career, he was given the task of founding the business division in Israel and played an important role in founding the Global Markets Division and the Wealth Management Division and connecting them with the Investment Banking Division. “Boaz played a vital and central role in strengthening Deutsche’s local presence and maintaining contacts with strategic customers, and we wish him the best.”