Deutsche Bank has announced two new appointments to its European insurance and pensions group, Paul Stanworth and Norman Peard.

Paul Stanworth has been appointed as a managing director in origination and Norman Peard has been appointed a director. Both roles will be based in London.

Prior to joining Deutsche Bank, Mr Stanworth spent eight years with the Royal Bank of Scotland, most recently as head of insurance Asset Liability Management. Mr Peard joins Deutsche Bank from the Financial Services Authority where he has been employed for the last two-and-a-half years as an actuary.

Rashid Zuberi, managing director and head of the European insurance and pensions group, said: We are extremely pleased that Paul and Norman are joining Deutsche Bank. These appointments further strengthen our leadership position in providing solutions to our clients in the life and pensions space.