Hanrik Baun and Deepak Rajan both join the team reporting to Castensen, Baun as a director and Rajan as a vice-president. Rajan was previously at Deutsche Bank, where he had a similar role, marketing structured products to Nordic clients within life and pension fund institutions. Baun joins the bank from ABN Amro in London, where he was a senior consultant to the financial advisory group.
Tarek Mahmoud, global head of sales and marketing at DrKW, said the investment banking unit of Germany's Dresdner Bank was at the forefront of integrating its capital markets business across asset classes. “These new appointments are further testament to the success of this business model and will be instrumental in enhancing our coverage of financial institutions in the Nordic region,” he said.