Rogers To Join Deutsche Bank

Deutsche Bank has appointed Citigroup's Jim Rogers as managing director of its energy investment banking group in North America.

Rogers, who was a managing director and senior energy investment banker at Citigroup, is currently on leave and will join Deutsche Bank later this year, a Deutsche spokesman said.

Rogers will work with Mitch Cox, who was also named a managing director in the energy investment banking group last week. Rogers and Cox will be based in Houston and oversee the energy banking business in the U.S.

They will report to Michael Johnson, Deutsche's head of energy, utilities and chemicals investment banking in the Americas.

A spokesman for Deutsche said the bank is planning to continue growing the energy investment banking group and plans to make additional hires in the coming months.

"The energy sector is a critical part of the economy and an area where we expect to see continued financial activity," said James DeNaut, Deutsche Bank's co-head of corporate finance coverage in the Americas.