Deutsche builds trust and securities services team

Deutsche BankÆs regional trust and securities services (TSS) business has received a boost with two key appointments. Both Paul Roffey and Mark Wiggin have joined the bank as directors in newly created roles to help drive DeutscheÆs expansion of global debt and structured finance services to Asian clients.

The men will report to Matt Tuck, director and business head of TSSÆs global debt and structured finance services in Asia.

For Deutsche, Roffey will take on responsibility for sales coverage and marketing for TSS products and services in Hong Kong. He will also perform these functions for Australia and North Asia, including Korea. Roffey will also be responsibile for cross-border transactions from Japan.

Roffey joins Deutsche from JPMorgan in Hong Kong, where he was head of trust company sales for Asia and Australia. In total he brings 15 years of institutional trust services to his new employer.

From its Singapore offices, Wiggin will focus his attentions on driving the TSS business for Southeast Asia, which consists of the Malaysia, Philippines, Singapore and Thailand.

Wiggin also crosses from JPMorgan in Hong Kong, where he was vice president for Asian global debt and worldwide securities services. He also brings experience from the Bank of New York.