BRIEF-UAE's Rak Properties Q1 profit rises
* Q1 net profit 39.9 million dirhams versus 18.5 million dirhams year ago
LONDON, March 28 (IFR) - Deutsche Bank has appointed Gerard Hammond as head of global credit financing and solutions syndicate for Europe, according to a source.
As well as taking on the job of European head of ABS syndicate previously held by James Gray, Hammond will also cover transport, energy and infrastructure debt.
Hammond, a managing director, was formerly head of European ABS sales. This role will be taken over by John O'Connell, a senior member of the UK sales team at Deutsche.
James Gray, a former vice president and head of European ABS syndicate, left Deutsche Bank for JP Morgan. (Reporting by Ana Baric, Editing by Helene Durand, Julian Baker)