Deutsche charms Tom away from Citigroup

Tom DuCharme relocates to Singapore to become regional head of cash and trade for Deutsche Bank''s corporate customers.

After 15 years with Citigroup, Tom DuCharme is taking up a top regional job in transaction banking at Deutsche, effective 1 October. He will move from Hong Kong to Singapore where he will become Asia Pacific regional head of trade finance and cash management for the corporate sector.

Deutsche Bank has been reorganizing its cash and trade management team since Jimmy Yap resigned from his role as Asia Pacific head of corporate cash management about a month ago.

The decision has been to follow models already in place in the US and Europe by segmenting along customer lines and bringing all corporate customers for both cash...

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