Stefan Armbruster to head Vontobel’s investment certificates and warrants business in Europe

Stefan Armbruster, currently Global Co-Head for Retail Structured Products at Deutsche Bank and member of the Board of Directors of the German Derivatives Association (DDV), is to take over as Head of Vontobel Financial Products Europe in Frankfurt as of 1 July 2017. As was announced in late autumn 2016, Dr. Wolfgang Gerhardt will be stepping down from operations at the end of April 2017 and handing over the reins to his successor.

As Global Co-Head for Retail Structured Products at Deutsche Bank, Stefan Armbruster and his teams in Frankfurt, Istanbul, London, Milan and Zurich are currently responsible for Deutsche Bank x-markets, the brand under which Deutsche Bank brings together both the development and trading of structured products for institutional and private investors.

Stefan Armbruster has learned the structured products business from the ground up. After graduating in business administration, he began his lengthy career at the beginning of the 1990s with the then Crédit Lyonnais, before moving on to Swiss Bank Corporation, Morgan Stanley, Commerzbank and ABN Amro Bank.

“In Stefan Armbruster we are delighted to have secured the services of a recognized expert to head the Financial Products Europe business unit at Vontobel Group. In recent years, Vontobel has steadily increased its market position to become one of the leading providers of investment certificates and warrants both in Germany and other European markets, namely Sweden, Finland, Italy, France and the Netherlands. With innovative solutions such as the multi-issuer platform ‘mein-Zertifikat.de’, we are contributing to the evolution of the structured products market. Vontobel Financial Products Europe is particularly important in this regard as the basis for our European activities outside the Swiss market. With Stefan Armbruster and his team, we want to continue to grow profitably in the European markets on the back of a client-focused approach, innovation, and reliability,” said Roger Studer, Head of Investment Banking at Vontobel.

Stefan Armbruster will take over the reins from Dr. Wolfgang Gerhardt, who is stepping down from the operational business at the end of April after seven years as Head of Vontobel Financial Products Germany, and would like to pursue non-operational roles outside the company in the future. “With his considerable commitment and extensive expertise in the derivatives business, Dr. Wolfgang Gerhardt has played a key part in Vontobel’s rise to become a leading provider of structured products in Germany, a key focus market for Vontobel. The same can also be said for our recent expansion into other European markets, and we would like to take this opportunity to express our sincere thanks to him,” said Roger Studer.

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