deutsche-poaches-ing-private-bank-cio

Deutsche poaches ING private bank CIO

Chew Soon-gek replaces Walter Allemano in Singapore.

Jame DiBiasio

July 12, 2007

Deutsche Bank has appointed Chew Soon-gek as CIO for Asia within its private wealth management franchise. The appointment replaces Walter Allemano, who had overseen the role for nearly 10 years in Singapore. Allemano remains with DeutscheÆs private bank but has moved to Geneva to head its sales effort.

ôThereÆs more learning opportunities here,ö Chew says of her new employer. ôDeutsche has a strong research platform and is building for growth. WeÆll get the resources we need.ö

As of end March, the group manages Ç20 billion $27 billion of private wealth assets out of Singapore. This pool represents global client money invested in Asia Pacific ex-Japan equities. The team year to date has returned 20.97% versus...

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