Deutsche names co-heads of APAC global markets

The German bank picks David Lynne and James Boyle to run its markets team in the region, as Michael Ormaechea steps down to spend more time with his family.

Deutsche Bank has made David Lynne and James Boyle its new co-heads of global markets in Asia Pacific, splitting a job that was previously held by veteran banker Michael Ormaechea.

Lynne is Deutsche’s head of fixed income and currencies in Asia Pacific, while Boyle runs the bank’s equities team in the regionand serves as co-head of global equity derivatives. They will continue to hold these positions while combining to run the wider team, according to an internal memo seen by FinanceAsia. The promotions take effect on February 1.

The move brings a close to a lengthy career at Deutsche Bank for Michael Ormaechea. He...

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