• Published on 25 June 2017
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Deutsche Bank appoints Borislav Ivanov as chief country officer for Russia

Deutsche Bank is pleased to announce the appointment of Borislav Ivanov as Chief Country Officer for Deutsche Bank in Russia. Ivanov will also take on the role of Chairman of the Board, subject to regulatory approval. He will report to Peter Tils, CEO for Central and Eastern Europe, and to Satvinder Singh, Head of Global Securities Services & Head of Global Transactional Banking EMEA.

Borislav Ivanov takes over from Annett Viehweg who has successfully managed the restructuring of Deutsche Bank in Russia in line with the bank’s global strategy, and further developed and strengthened its commercial banking platform.

Ivanov has more than 17 years of experience working with Deutsche Bank in Central and Eastern Europe. Most recently he held the position of CEO and Chairman of the Board of Deutsche Bank in Ukraine, starting in 2014. During this time, the bank significantly increased its country revenue and profitability. Prior to this, he was Head of the Deutsche Bank Representative Office in Sofia, Bulgaria, where he successfully developed and executed the bank’s market entry strategy, driving large corporate deals and establishing Deutsche Bank as the preferred transaction partner for local banks. Ivanov holds a diploma in Business Administration of the Free University of Berlin. He is fluent in Russian, English, German and Bulgarian.

Peter Tils, CEO Central and Eastern Europe of Deutsche Bank, said:
“We would like to thank Annett Viehweg for her extremely important contribution to Deutsche Bank in Russia. At the same time, we are delighted to welcome Borislav Ivanov, who brings an exceptional track record for Deutsche Bank in the region. His regional insight, combined with extensive global transaction banking experience, will enable him to take Deutsche Bank to the next level in Russia.”

Re-disseminated by The Asian Banker