Deutsche's Loh Boon Chye gets top CIB job in the region

The head of global markets for Asia-Pacific also takes a seat on a new 15-member CIB executive committee that aims for greater cohesion across the bank's key businesses.
Loh Boon Chye
Loh Boon Chye

Loh Boon Chye, Deutsche Bank's head of global markets for Asia-Pacific, has been appointed to an additional role as head of corporate and investment banking CIB in the region.

CIB is the entity that combines corporate finance, global markets and global transaction banking and which has been getting more focus at Deutsche as the bank is aiming for greater integration between its business units to help accelerate growth. Globally, CIB accounted for more than 80% of the bank's revenues in 2009 and in Asia for more than 90% of the region's total revenues of 2.96 billion $3.8 billion.

In the second quarter this year, however, CIB net revenues fell to 4.7 billion from 5.3...

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