Deutsche Bank hires head of European insurance origination

Deutsche Bank has hired Mark Woolley to head up the German bank's European insurance origination department, part of the company’s debt capital markets division.

Deutsche Bank hopes to use his client contacts in the insurance industry to grow its business in debt issuance, liability and risk management for insurance companies in Europe.

Woolley will report to Miles Millard, head of debt capital markets for western Europe.

He joins Deutsche from Dresdner Kleinwort Wasserstein (DrKW), where he was head of hybrid capital origination with responsibility for bank capital, insurance and corporate hybrids products.

Prior to DrKW, Woolley was an executive director in the fixed income, currency and commodities business at Goldman Sachs, where he was in charge of hybrid capital and equity-linked hybrid capital origination for the UK, Benelux and Nordic banks and European insurance companies.