Deutsche hires CEEMEA securitisation head

Deutsche Bank has appointed Tim Nicolle as a managing director for Central and Eastern Europe, Middle East and Africa (CEEMEA) securitisation. He will join the bank in the second quarter and will report jointly to Jeff Stolz, head of the European securitised products group, and Sean Bates, head of emerging markets credit trading and structured finance.

In this newly created role, Nicolle will be responsible for a team working across business lines to further develop Deutsche Bank’s presence in the CEEMEA region. He joins the bank from HypoVereinsbank, where he was most recently deputy head of the European securitisation group responsible for the Central Eastern European and the Commonwealth of Independent States (CIS) regions.

Commenting on the appointment, Bates said, “Deutsche Bank is highly committed to emerging markets and already has a very successful securitisation business in place in Latin America. We believe that a similar business in the CEEMEA region is the next important step.”