Deutsche Bank announced it has hired Philip Pucciarelli and Robert Verdier, two senior Healthcare Investment Bankers, from BMO Capital Markets.

Pucciarelli will join as Co-Head of Healthcare Investment Banking alongside Ross Hammerman who joined the bank in October 2016. Pucciarelli has nearly 20 years of healthcare investment banking experience, and was most recently Managing Director and Head of Healthcare Services Investment Banking at BMO where he was responsible for leading and expanding BMO’s Healthcare Services platform. Prior to BMO, Pucciarelli spent 12 years at Bank of America Merrill Lynch where he focused on Healthcare Services. He will be based in New York and report to Mark Fedorcik, Head of Corporate Finance Americas and Co-Head of CIB Americas.

Verdier also joins from BMO as a Managing Director in Healthcare Investment Banking reporting to Pucciarelli and Hammerman. He has spent the last year and a half with BMO’s Healthcare Services Investment Banking team focused on community-based healthcare, including providers of consumer/retail health and post-acute care services. Prior to BMO he spent six years at Jefferies and the seven years prior at UBS.

“Healthcare is a clear area of focus and investment for the bank,” said Mark Fedorcik. “These key hires further complement the previous hires we have made to support the opportunity we see in this sector and Deutsche Bank’s overall opportunity to grow its business in the US. We strongly believe the intensity and expertise that Phil and Bob bring to our platform will position us extremely well to offer differentiated strategic advice to our corporate and financial sponsor clients. We look forward to Phil and Bob joining the team this summer.”

Deutsche Bank announced last month that it hired Glenn Rewick as an MD in M&A focusing on Healthcare.