Based in Frankfurt, Mr Hoving will report globally to Marilyn Spearing, global head of trade finance and cash management corporates and regionally to Reinhard-E Uhl, regional head global transaction banking for Germany.
Mr Hoving joins from RBS global transaction services (GTS) where his most recent role was head of GTS Netherlands and head of global network sales. He has over 15 years’ experience in corporate banking and relationship management with major international banks.
Ms Spearing said: “We are pleased to welcome Mr Hoving with his long-standing experience in transaction banking onboard with Deutsche Bank. This will further strengthen our position as a leading European provider of sophisticated solutions for working capital solutions and trade and transactional finance.”
Mr Uhl said: “Mr Hoving is an important addition to our team and will lead our growth strategy for our trade finance and corporate cash management business in our German home market. His experience and industry knowledge will further strengthen our established transaction banking footprint in Germany and enable us to drive cash and trade synergies.”
