Guillaume du Cheyron, Deutsche Bank's head of high yield origination and execution for Asia, has left the bank less than six months after taking the job.
A spokesperson confirmed du Cheyron had quit, but declined to comment further.
The Singapore-based banker was appointed to the role in February this year. His appointment came a few months after Deutsche Bank reorganised its debt team in Asia following the exit of Herman van den Wall Bake, who had led the bank's fixed income capital markets business in the region.
A person familiar with the situation said there is no immediate replacement for du Cheyron but instead his responsibilities will be shared by the existing team members, including Haitham Ghattas, head of debt origination for Asia, Tim Chow and May Chan — who run debt origination in North and South Asia, respectively — and incoming head of Asia debt syndicate Ed Tsui, who will be on board in October.
Before joing Deutsche in 2013, du Cheyron worked at Citi in Hong Kong where he was a director within Asian capital markets origination. Before that he spent six years in high yield capital markets at BNP Paribas in New York, working at the French bank between 2000 and 2006.
His departure comes after a shake-up at the German lender over the last 18 months that has claimed several senior jobs. In June, the bank announced that its Asia Pacific chief executive officer Gunit Chadha had stepped down after a 13-year stint. Bhupinder Singh, former co-head of the corporate banking securities division in Asia, left this time last year. Douglas Morton and Venky Vishwanathan, co-heads of corporate finance in Asia, went around three months before that.
For the year to date, Deutsche ranks the seventh in the Asia ex-Japan DCM league table, managing more than $5 billion of bonds across 25 transactions, according to Dealogic.
