Sub-regional coverage is largely continuing under the existing structure but Africa coverage is being consolidated to become “Global South Asia & Africa (GSA&A).” This marries the German bank’s Non-Resident Indians East Africa coverage with Paul Sayers’ team covering South and West Africa.

Saad Osseiran has been named head of wealth management – Middle East/GCC (based in Dubai); Billy Obregon, who was already the head of LATAM, has been appointed head of wealth management – LATAM (based in New York). 
 
Esther Wong has been named head of institutional wealth management and family offices. She is market head within Southeast Asia, based in Singapore and leads the institutional wealth management initiative.

Elsewhere, Rajesh Madahevan remains head of global South Asia and Africa (GSA&A) (based in Dubai). Johanes Oeni is staying as head of wealth management for Southeast Asia (based in Singapore); Kanas Chan is remaining as head of wealth management – North Asia (based in Hong Kong); and Amit Bhatia is staying on as head of wealth management – India Onshore (based in Dubai).

This publication understands that further announcements are forthcoming, including a head of wealth management for external asset managers in Asia. 

As reported last week, the Frankfurt-listed lender has appointed Loïc Voide as its new chief country officer for the bank in Switzerland, and CEO for Deutsche Bank (Suisse).