Deutsche Bank appointments in Jersey

Deutsche Bank has made Tracy Clarke and Adam Buxton directors within its Financial Intermediaries (FIM) business in Jersey as it targets further growth this year.

In her expanded role, Tracy will focus on supporting the global financial intermediary business, taking on additional responsibility for strategy and service development for the FIM teams based in the Channel Islands, Switzerland, the Cayman Islands and New York.

Tracy joined Deutsche Bank in 2004, working in the finance department and in business management before moving to the FIM team in June 2008, where most recently she supported the team of Relationship Managers in developing solutions for intermediary clients. She moved to Jersey in 2002, after working for a UK accountancy firm, to work in the private client department of Volaw Trust & Corporate Services. A member of the Institute of Chartered Accountants in England and Wales and holder of the IMC Certificate, Tracy is married with a three year old son.

Meanwhile, Adam’s promotion will see him take on added responsibilities in building business with intermediaries based predominantly in the Channel Islands, as well as the UK, Ireland and Europe. Providing greater leadership in developing private wealth management services, Adam will now also offer direction in growing the Channel Islands custody business for intermediaries and act as a conduit to the Investment Bank.

Having spent several years with Kleinwort Benson and HSBC, Adam joined Deutsche Bank in 1997 and was initially responsible for Global Custody operations. He then became involved in the design and implementation of the Bank’s e-banking platform before becoming a Relationship Manager for the FIM team. An SFA Registered Representative and holder of the IMC qualification, Adam also holds a Diploma in Fund Administration. He is married with three children and is a keen golfer in his spare time.

Andreas Tautscher, Chief Country Officer for Deutsche Bank Channel Islands, said; ‘having performed positively in recent months, our Financial Intermediaries business in the Channel Islands is continuing to provide opportunities for growth this year, particularly in the custody area where we see significant scope for expansion in the coming months and years. Both Tracy and Adam have substantial experience in working with our core intermediary sectors including trust companies, fund managers, external portfolio and captive managers, and will provide excellent leadership as they drive our intermediary business forward.”