Karim Zahmoul, managing director in emerging market derivatives at Deutsche Bank in New York, has left the firm. Zahmoul is the latest in a series of high-profile departures from the division. Hugo Faria, managing director and head of Latin American derivatives marketing recently joined UBS (DW, 4/25), while his colleague Mauricio Esquenazi, a Lat Am derivatives marketer, moved to Credit Suisse First Boston (DW, 5/23). Zahmoul could not be reached and Michele Agostinho, spokeswoman in New York, declined comment on his replacement.
Zahmoul joined Deutsche Bank in 1999 and has co-headed emerging market structured products for the Americas, alongside Faria. His most recent responsibilities could not be determined. He previously worked at Goldman Sachs.