Deutsche Bank has appointed Marzio Keiling and Mark Graham as co-heads of the European securitized products group (SPG). Keiling and Graham will report jointly to Erik Falk and Frank Byrne, co-heads of global SPG. The two are responsible for the origination and distribution of securitization products and services in Europe. Graham was a senior member of the Morgan Stanley real estate securitization team behind the Eloc programme. At Deutsche, he previously ran the European special situations group within SPG, focusing on illiquid securitized financings and whole-business securitization. Keiling was head of institutional client coverage for Europe. They replace Jeff Stolz, who joined Goldman Sachs in mid-August.