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Deutsche Pfandbriefbank names Credit Suisse i-bank exec to head treasury

onSept. 23 named Marcus Schulte senior general manager, effective no later thanJan. 1, 2017.

Schultewill eventually join the bank's managing board and take over responsibility fortreasury. He will join from , where heis head of financial institutions debt capital markets business for Europe, theMiddle East and Africa.

Hewill leave the Swiss group by the middle of October, International Financing Review reported the same day. There are noimmediate plans for his replacement, with his duties to be taken on temporarilyby Sandeep Agarwal, co-head of capital markets solutions for EMEA and a formerhead of EMEA FIG debt capital markets, the report added.