The German lender is poaching a top private banker from rival UBS, in a bid to expand its business with the wealthy in Russia and Eastern Europe.
Sofia Sool is joining Deutsche Bank as a managing director and co-head of its emerging Europe wealth business, the Frankfurt-based bank said in an emailed statement on Thursday. She will be responsible for Russian and Eastern European clients.
Sool is a wealth veteran who is currently an MD at UBS in London, where she looks after super-rich clients in the same emerging markets. She will work together with Deutsche's Asaf Raveh, who is based in Switzerland. Sool will report to Marco Pagliara, the German bank's CEO in Switzerland and European wealth head, as well as to Michael Morley, U.K. head.
Sool began her career in fixed income sales at Société Générale in fixed income sales, ran the institutional client coverage teams for investment banking products at Credit Suisse, Deutsche Bank and UBS in London and Moscow, before joining UBS seven years ago.
