German Ambassador visits Deutsche Bank in the Cayman Islands

3 November 2006

Contact: Jean-Claude Emard, Chief Country Officer for Deutsche Bank in Cayman, jean-claude.emard@db.com

Source: Deutsche Bank (Cayman) Limited

Location: Cayman

The German Ambassador and Consul General to the Cayman Islands visited the Deutsche Bank office in George Town on 2 November 2006. The German Ambassador and Consul General, Volker Schlegel, visited the Deutsche Bank offices at Elizabethan Square during his recent visit to Grand Cayman. The Ambassador, who is based in Jamaica, was here to meet with the Governor Jack Stuart, officials from the financial regulators and other interest groups.

Mr Schlegel took the opportunity to meet with senior staff at Deutsche Bank to learn more about the Bank’s operation in the Cayman Islands and to hear about its plans for the future. Deutsche Bank was founded in Berlin in 1870 and is now a leading, global financial institution. It established an office in Grand Cayman in 1984 and now employs 30 staff locally.

As the only financial institution in the region with a German heritage it was fitting that the Ambassador made the visit to Deutsche Bank one of his priorities.

Jean-Claude Emard, Chief Country Officer for Deutsche Bank in Cayman said: ”It was an honour and a pleasure to meet the Ambassador. Deutsche Bank has a strong commitment to Grand Cayman and the region and the Ambassador was keen to learn more about our business and how we plan to grow in the future. I hope the Ambassador will visit us again when we open our new premises at Cricket Square in the New Year.

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