Deutsche Bank has appointed Giuliano Amato as a senior advisor in Italy, with immediate effect.

Mr Amato will support Deutsche Bank in Europe, primarily Italy, focusing on relevant political and macro economic scenarios, monitoring governmental interventions and regulations, and supporting actual and potential key clients.

Mr Amato was the prime minister of Italy from 1992 to 1993 and 2000 to 2001. He held many senior positions during his tenure in politics, including two terms as treasury minister and most recently from 2006 to 2008 as internal affairs minister. He chaired the Italian Antitrust Authority from 1994 to 1997 and was vice president of the convention on the future of Europe from 2002 to 2003.

Josef Ackermann, chairman of the management board of Deutsche Bank, said: “Mr Amato is one of the most distinguished public servants in Europe, and I am delighted to welcome him to Deutsche Bank. His decision to join us demonstrates the strength of our Italian franchise and our ongoing commitment to engaging constructively in the country.”

Mr Amato said: “Deutsche Bank is a leading global investment bank and has a long and impressive track record in Italy. I look forward to supporting its continued success and expansion.”