Friday, November 20, 2009

Deutsche Bank Makes Strategic Appointments in its Global Transaction Banking Business in Asia

Hong Kong/ Singapore, August 19, 2009 ¡V Deutsche Bank today announced that in line with the strategic expansion of its Global Transaction Banking franchise in Asia, it has made the following

appointments:

Shivkumar Seerapu - Global Product Head of Financial Supply Chain and Regional Trade
Product Head for Asia
Eric Koo - Head of Global Transaction Banking, Hong Kong

Mrugank Paranjape ¡V Head of Domestic Custody Services, South & South East Asia
Ridzal Sheriff - Head of Global Transaction Banking, Malaysia

Jacqueline William - Chief Executive Officer of Deutsche Trustee Malaysia Berhard (DTMB)

Shivkumar Seerapu, currently the Regional Product Head for Trade Finance, Asia Pacific,

Deutsche Bank, has taken on the additional role as the Global Product Head of Financial Supply
Chain. He will continue to be based in Singapore.

Based in Hong Kong, as Head of Global Transaction Banking, Hong Kong, Eric Koo will be

responsible for spearheading Deutsche Bank¡¦s transaction banking strategies and aligning its

business plans with the region¡¦s priorities. Eric joined Deutsche Bank in 2006 as Head of Trade

Finance and Cash Management Corporates in Hong Kong where he has successfully built a

strong team focused on acquiring high quality clients and capturing trade flows across Greater

China whilst positioning Deutsche Bank as a strategic partner for regional treasury centres in Hong
Kong.

Mrugank Paranjape, Head of Domestic Custody Services, India, will now assume additional

responsibilities as Head of Domestic Custody Services, South & South East Asia with immediate

effect. The countries under Mrugank¡¦s remit are India, Indonesia, Malaysia, Pakistan, Singapore,
Sri Lanka, Thailand and Vietnam. Mrugank will continue to be based in Mumbai.

Ridzal Sheriff, currently the Chief Executive Officer of DTMB will succeed Rojeanne Sen as Head

of Global Transaction Banking and Domestic Custody Services for Deutsche Bank in Malaysia.

Rojeanne Sen, who has been with Deutsche Bank for 15 years will be retiring in November 2009.

Ridzal joined Deutsche Bank in 2007. In his new appointment, Ridzal will focus on growing the

Bank¡¦s transaction banking franchise in Malaysia through quality client acquisitions and targeted
market expansion. He will be based in Malaysia.

Jacqueline William, previously the Head of Client Services for Deutsche Bank¡¦s Domestic Custody Services business in Malaysia will succeed Ridzal as the Chief Executive Officer of DTMB. In her new role, Jacqueline will continue to drive strategy and grow the DTMB franchise.

Thomas DuCharme, Regional Head of Global Transaction Banking, Asia ex-Japan, Deutsche

Bank, said, ¡§We are convinced Asia will represent disproportionate amount of growth in trade

finance, cash management and custody in the coming years, so are very pleased to position our
high calibre talent to capture this next phase of growth in the region.

No comments:

Post a Comment