Nielsen, who joined the team last week, will be responsible for overseeing the management of approximately EUR70bn in client cash assets.
Nielsen will manage all aspects of short term products from CDs and deposits to bonds and money market funds.
He will also focus on yield enhancement strategies by leveraging Deutsche Bank’s structuring capabilities. Nielsen will be based in London and will report to Kevin Lecocq, head of Global Investment Solutions at Deutsche Bank Private Wealth Management.
Nielsen joins from Barclays Wealth, where he was global head of Balance Sheet Products. Previously he was CFO and management board member of Nordic Investment Bank; vice president of treasury in TeleDanmark; and a treasury manager in United Steamship Company.
