Deutsche Bank appointments

Deutsche Bank names Asia leadership for corporate banking and securities

Michael Ormaechea, Bhupinder Singh and Marzio Keiling will effectively replace Loh Boon Chye, the former head of corporate and investment banking for Asia-Pacific, who has left the firm.
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Deutsche Bank names new executive committee (AFP)
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<div style="text-align: left;"> Deutsche Bank names new executive committee (AFP) </div>

Deutsche Bank’s new co-CEOs for Asia-Pacific, Gunit Chadha and Alan Cloete, who took up their new jobs on Friday last week, have kick-started their tenure by making three senior appointments within the corporate banking and securities division in the region. They have also named a new executive committee for the region, expanding the number of members from 15 to 20.

Corporate banking and securities, which comprises the markets and corporate finance divisions, makes up a huge part of Deutsche’s business in Asia-Pacific and last year accounted for 88% of the revenue. It is also becoming increasingly important in a global context and in 2011 contributed 18% of the revenues...

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