Deutsche Bank said on Wednesday that it has named Phumchai Kambhato as chief country officer for Thailand, succeeding Frank Krings.
In addition to his new responsibilities as chief country officer, Kambhato will also hold the role of head of corporate finance for Thailand.
He will report into Gunit Chadha, Deutsche Bank's chief executive officer for the Asia-Pacific region, in his country management capacity and also to Richard Gibb and Simon Roue, co-heads of corporate finance, Asia Pacific. The appointment is effective immediately.
Krings is heading back to Frankfurt although his role has not been announced yet, according to a person familiar with the changeover....