O'Donovan To Oversee Tech Strategy For Deutsche Bank AFS

Oct 6 2011 | 11:16am ET

Diarmuid O’Donovan has joined the Deutsche Bank Alternative Fund Services market development group. O’Donovan will have responsibility for AFS technology strategy including systems development, platform enhancements as well as product development in EMEA and Asia.

Mike Hughes, co-head of Deutsche Bank AFS said, “We are extremely pleased that Diarmuid has joined our team; his significant industry experience will complement our continued investment in technology and people.”

The DB announcement contained no further details of O’Donovan’s work history and attempts to discover more from Deutsche Bank were unsuccessful.

Hughes’ statement continues, “Our industry is changing and now more than ever, the Deutsche Bank culture of innovation and client focus will be necessary to respond to a changing regulatory framework and meet the growing demands of clients and institutional investors. Our willingness and ability to engage industry leaders such as Diarmuid demonstrates our commitment to the execution of our strategy and growth plans.”

DB AFS provides a comprehensive suite of administration services to hedge funds, funds of funds and private equity/real estate funds from its global locations in the Americas, Europe, Middle East and Asia and is a part of Deutsche Bank’s Trust & Securities Services division.

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