Deutsche Bank's Asia-Pacific CEO leaves

Gunit Chadha is the latest in a flurry of senior regional departures at the German bank.

Gunit Chadha is to leave Deutsche Bank, becoming the German bank's latest senior departure in Asia.

In a move effective July 17, Chadha has quit as Deutsche Bank's Asia-Pacific chief executive, an internal memo seen by FinanceAsia on Tuesday shows.

The memo, signed by the bank's global co-CEO John Cryan, said Deutsche Bank would announce Chadha’s successor in due course.

Separately, one person familiar with the situation told FinanceAsia that Jürgen Fitschen, Deutsche Bank's former global co-CEO, will take up some of the slack created by Chadha’s departure until a replacement is named.

Fitschen...

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