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Deutsche Bank names head of mortgage-backed securities.

Global Banking News-13 January 2010-Deutsche Bank names head of mortgage-backed securities(C)2010 ENPublishing - http://www.enpublishing.co.uk

Global Banking News - 13 January 2010(c)2005 - Electronic News Publishing - http://www.enpublishing.co.uk

Deutsche Bank AG (NYSE: DB) (DBK.DE) has said that it has appointed former Fannie Mae (NYSE: FNM) official Sal Mirran as Asia-Pacific head of residential mortgage backed securities, as the German bank increases its focus on originating and selling such products in the region.

In the newly created position, Mirran, who most recently ran corporate strategy for Fannie Mae in Washington, will build a local mortgage origination and risk management platform across Asia, Japan and Australia and provide key clients with access to the bank's US residential mortgage backed securities platform.

He will report regionally to David Lynne, Deutsche Bank's Asia head of global rates, and globally to Doug Naidus, the bank's global head of residential mortgage-backed securities.

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Publication:Global Banking News (GBN)
Date:Jan 13, 2010
Words:175
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