Deutsche Bank Private Wealth Management has brought on board David McKenzie as a managing director, recruiting him from HSBC Private Bank.

McKenzie had been managing director, head of the ultra high net worth business and credit advisory teams at HSBC Private Bank, having first joined the bank from NatWest in 2001. In his new role he will focus on expanding Deutsche’s lending and investment business and will form part of the London-based UHNW team headed by Chris Hocking.

Earlier this week Deutsche Bank set out the make-up of the executive committee for its integrated Asset and Wealth Management division, with Michele Faissola as chair and Jon Eilbeck as chief operating officer.

The main investment platforms and functions within AWM will be represented by: Reinhard Bellet, head of passive investments; Randy Brown, co-chief investment officer of asset management; Pierre Cherki, head of alternative investments (internal managers); Mark Cullen, head of operating platform and re-engineering; Stephane Farouze, head of alternative investments (third-party managers); Kevin Lecocq, chief investment officer of wealth management; Wolfgang Matis, head of active investments, Balaji Prasanna, head of loans/deposits and asset and liability management, and Asoka Woehrmann, co-chief investment officer of asset management.

Geographically, client coverage within AWM is assigned to Marco Bizzozero, head of wealth management EMEA; Thomas Bowers, head of wealth management Americas; Joachim Haeger, head of wealth management Germany (Deutsche Bank); Wilhelm von Haller, head of wealth management Germany (Sal Oppenheim); Ravi Raju, head of wealth management Asia-Pacific, and Dario Schiraldi, head of distribution.

Regional AWM management committees will be chaired by Wolfgang Matis (Germany), Raju (Asia-Pacific) and Schiraldi (EMEA), with Americas to be announced.