Deutsche Bank has appointed Ulf Wokurka to the newly created post of chief country officer for Republic of Kazakhstan.

In his new role, Wokurka will manage all Deutsche Bank’s operations in Kazakhstan from Almaty, the country’s largest city.

Wokurka will report to Peter Tils, CEO of central and eastern Europe.

Wokurka has 20 years experience in the finance industry, 16 years of which he spent in various management positions at Deutsche Bank, including the German Mid-Cap, investment banking and asset management divisions.

Deutsche Bank Management Board and the Group Executive Committee member Jurgen Fitschen said that the experience Ulf Wokurka has gathered in the bank’s core business areas and his contacts in Kazakhstan will enable him to successfully manage Deutsche Bank in Kazakhstan and to expand growth in the region.