deutsche-bank-boosts-its-china-business

Deutsche Bank boosts its China business

Betty Deng joins from Citi as chief country officer with a focus on expansion.

June 03, 2007

Deutsche Bank has named Betty Deng chief country officer for China, in an attempt to further deepen the senior management of its expanding China business. Previously with Citi, Deng was most recently the US bankÆs deputy chairman, lead branch manager and co-head of public sector in China.

In this newly created position, Deng will lead and oversee Deutsche BankÆs business development in China, with special emphasis on the implementation of its expansion plans in the market. Based in Beijing, Deng will report locally to Lee Zhang, the bankÆs chairman in China, and regionally to Colin Grassie, the bankÆs chief executive officer in Asia-Pacific ex-Japan.

The German bank announced in March that it has applied for...

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