Deutsche Bank AG's global institutional asset management unit, DB Advisors, promoted Kyle Delaney to run its Americas division.

Mr. Delaney, a managing director, reports to Roelfien Kuijpers, DB Advisors' global head. DB Advisors and the Americas division are based in New York. The promotion was announced Tuesday.

Mr. Delaney had been with Deutsche Bank's private wealth management division as a regional head of private banking and a member of its U.S. executive committee. Before that he held sales and management positions at Banc of America Securities and Morgan Stanley. Before starting his financial services career, he was a White House military aide to Presidents George H.W. Bush and Bill Clinton.

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