Deutsche Bank appoints Head of Custody & Clearing

Following the launch of Investor Services within the Institutional Cash & Securities Services business of its Global Transaction Banking division, Deutsche Bank announced today the appointment of Elizabeth Nolan as its Head of Custody & Clearing, effective January 2015.

Nolan joins from J.P. Morgan where over the past twelve years she has held various senior leadership roles across securities services, most recently heading Client Services & Client Onboarding globally for Markets & Investor Services. Before that, she was the Global Business Executive Alternative Investment Services and Head of Worldwide Securities Services EMEA & APAC following senior roles in J.P. Morgan’s Clearance and Collateral & ADR businesses. Prior to re-joining J.P. Morgan, Nolan spent over 20 years, primarily in senior securities services roles at Merrill Lynch, BNP Paribas, J.P. Morgan, Chase Manhattan Bank and Barclays Bank.

Nolan will be based in London, report to Rafael Moral, Head of Investor Services, Institutional Cash & Securities Services, and be a member of the Investor Services Senior Management Forum.

“Having Liz join us is an important part of the success story of our Investor Services business and demonstrates both our commitment to continuous investment and our ability to attract outstanding talent to join and shape our securities services franchise spanning more than 30 markets,” said Moral. “Liz’s deep and broad expertise in the securities services space will not only help us continue to grow our custody and clearing business, but also drive even more collaboration and synergies across the entire Deutsche Bank franchise so that we can deliver ever more integrated solutions to our clients.”