People Moves
Deutsche Names Market Heads For Private Bank's Global South Asia, Africa Arm
One of the market heads is joining from Julius Baer and the other returned to the bank having been at Credit Suisse.
Deutsche Bank
has appointed two market heads for its private bank’s Global
South Asia & Africa franchise.
Puneesh Nayar (pictured), managing director, is joining as
market head in Singapore, effective 12 August and, earlier in the
year, Nick Malik, rejoined the bank as market head, based in
Dubai.
Nayar has over 20 years of industry experience, most recently at
Julius Baer where he had been a senior team head for Global India
since 2016. Prior to that, he was the head of Non-Resident
Indians SEA and Middle East at BSI Bank in Singapore. Nayar
previously worked at Coutts and HSBC.
Malik returned to the bank in March from Credit Suisse. He was
group head with Deutsche Bank for six years until 2022, and
before that with Standard Chartered Private Bank in Singapore and
Dubai. Prior to that, he was a senior advisor at Coutts in
Singapore and the UK.
Both Nayar and Malik will report to Rajesh Mahadevan, head of
Global South Asia & Africa, for the private bank’s emerging
markets business.
“Puneesh and Nick’s breadth of experience and deep understanding
of this client segment will further cement our market position as
we broaden client coverage across core markets in Asia and the
Middle East,” Mahadevan, said.
