Deutsche Bank poaches Augustine Chen from CLSA

Deutsche Bank has appointed Augustine Chen as a director of its institutional equity sales in Taiwan. Chen was most recently vice president of equity sales at CLSA in Taipei.

Chen will assume his new role in May and will be responsible for the sale of Taiwan equity products to institutional clients in Asia. He will report to Hubert King, the bank's head of institutional equity sales in the country.

ôOur equity platform will be strengthened with the addition of Augustine who arrives with a strong track record and is held in high regard by the industry,ö says King.

Chen was with CLSA for five years and, prior to that, he worked for Asustek Computer in Taipei.

Established in 1980, Deutsche Bank's Taipei branch is one of the islandÆs largest European banks. The bank provides services to clients including corporations, financial institutions and high net worth individuals.