Deutsche Bank appoints MD and chief country officer in Brazil

Deutsche Bank has appointed Bernardo Parnes as a managing director and chief country officer for Deutsche Bank Brazil and a member of the Deutsche Bank Americas executive committee. Mr Parnes will be based in Sao Paulo and report to Seth Waugh, CEO of Deutsche Bank Americas, and Dalinc Ariburnu, global head of emerging markets in Deutsche Bank's global markets division. Mr Parnes, who will assume his new responsibilities in August, has more than 23 years of experience in the financial industry, most recently as CEO of Banco Bradesco. Mr Waugh said: "Bernardo's vast expertise in both Brazilian and international finance makes him an excellent addition to Deutsche Bank's global platform. He is ideally suited to lead our efforts to bring our global clients to Brazil, and Brazil to our global... [read full story]