Deutsche Bank today announced the appointment of Anthony Miller as Chief Executive Officer for Australia and New Zealand. Miller replaces Michael Ormaechea who, as previously announced, is retiring after 22 years at Deutsche Bank.
Miller was most recently a partner at Goldman Sachs based in Hong Kong and Co-Head of the Financing Group for Asia Pacific within the investment banking division. Before relocating to Hong Kong from Sydney in 2012, he ran the Financing Group for Australia and New Zealand having joined Goldman Sachs in 2001.
As Chief Executive Officer, Miller will oversee all of Deutsche Bank’s activities in Australia, which include the Corporate & Investment Bank (Corporate Finance, Global Markets and Global Transaction Banking)and Deutsche Asset Management.
Miller will be based in Sydney and report to Werner Steinmüller, Deutsche Bank’s Chief Executive Officer for Asia Pacific and member of the Management Board, and to James McMurdo, Head of the Corporate & Investment Bank Asia Pacific.
On announcing the appointment, Steinmüller said: “We are delighted to welcome Anthony to Deutsche Bank. He brings a wealth of experience in many products and sectors as well as deep client relationships across the Asia Pacific region. The breadth of his experience across capital markets and financing solutions is ideally suited to our platform. I am confident he will further develop the close alignment in our Corporate Finance and Global Markets businesses. He also brings Asia Pacific experience and connectivity, which will be critical as we seek to build on the momentum in our cross-border client activities.”
Steinmüller added: “Australia remains a key market for the bank. With Michael leaving the local business in a very strong position, I am confident Anthony will have a smooth transition.”
With around 750 employees in Australia, Deutsche Bank is a leading bank in fixed income, foreign exchange, interest rates, equities and corporate finance, with a growing global transaction banking business and proven asset management capability. Most recently, Deutsche Bank was involved in some of the market’s most important transactions including: the NSW government’s ‘poles and wires’ AUD 30bn privatisation; the AUD 1.2bn sale of Moly-Cop; Rio Tinto’s USD 2.45bn sale of Coal & Allied to Yancoal; an AUD 1.5bn equity raising for Santos; Viva Energy’s AUD 911m REIT IPO; Telstra’s AUD 1bn domestic bond issue and the AOFM’s AUD 11bn bond issue - in the latter two transactions Deutsche Bank was the only international bank
Miller was most recently a partner at Goldman Sachs based in Hong Kong and Co-Head of the Financing Group for Asia Pacific within the investment banking division. Before relocating to Hong Kong from Sydney in 2012, he ran the Financing Group for Australia and New Zealand (2007-2012), having joined Goldman Sachs in 2001. Between 2001 and 2007, he was Head of Credit Capital Markets / Liability Management. Before joining Goldman Sachs, Miller worked at Credit Suisse. He started his career in Sydney as a commercial lawyer.