Former Deutsche Bank CFO joins Ernst & Young in senior advisor role

London 19 January 2009: Tony di Iorio has joined Ernst & Young as a Senior Advisor to the Europe, Middle East, India and Africa (EMEIA) Financial Services Organisation (FSO).

Tony retired as global Chief Financial Officer (CFO) of Deutsche Bank at the end of September, where he was also a member of Deutsche Bank’s Vorstand (Management Board) and Group Executive Committee. At Ernst & Young, he will be working with the financial services partners focused on the banking and capital markets industry sector in EMEIA.

Tony’s career has encompassed senior finance and executive positions at a range of leading banks. He was Chief Executive Officer of PaineWebber International in London; CFO of Trading & Sales at Bank of America; and Global Financial Controller at Goldman Sachs.

EMEIA FSO managing partner Tom McGrath said: “Tony will be a tremendous asset to our business and clients as they seize opportunities and address the challenges of a new global banking landscape. I look forward to working with him.”

Commenting on his new position, Tony said: “Ernst & Young is recognised globally as a leader in providing professional services to financial institutions, and I am pleased to work with Tom and his colleagues as they build the FSO organisation in EMEIA.”