Deutsche Bank

Gilles De Dumast has resigned as Deutsche Bank's head of global corporate finance in France, just 18 months after having joined the bank from CSFB. He will now become a special advisor to the new French minister of finance Hervé Gaymard, who has replaced Nicolas Sarkozy. Dumast was hired last June from CSFB, where he was co-director of French investment banking and a member of the global executive board at the Swiss-American bank. The German back said when he joined that his knowledge of the French market and his relationships there would make him a central figure in the development of its corporate finance activities in the country. Deutsche Bank will fill the gap created by de Dumast's departure by promoting two senior French bankers as part of its new global markets and banking and advisory model. Philippe Guez, formerly head of equities for France, will be appointed head of banking and advisory at Deutsche Bank based in Paris. Eugene Burghardt, previously in charge of the debt division, will become head of global markets for the country.

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• France