Deutsche Bank has hired Munir Dauhajre, managing director and head of liquidity sales at Merrill Lynch in New York, as a managing director in charge of cross-rates fixed-income sales in New York, filling a role that has been vacant since the departure of Mal Brooks earlier this year, according to an official at Deutsche Bank. Dauhajre, who started at Deutsche Bank earlier this month, is now head of interest-rate derivatives, government and agency debt sales to other banks, hedge funds and insurance companies. He reports to Brian Reid, national fixed-income sales manager in New York. Dauhajre, who held a similar role at Merrill, referred queries to Reid, who did not return calls.
At Merrill, Dauhajre reported to Doug DeMartin, head of the global investor client group in New York. Jessica Oppenheim, a spokeswoman at Merrill in New York, said the firm is currently seeking a replacement for Dauhajre.
Brooks left Deutsche Bank in the spring to head up UBS Warburg's new cross-rates business in Stamford, Conn. (DW, 4/28).