In line with the strategic expansion of its Global Transaction Banking franchise in Asia, Deutsche Bank has made some top appointments. Shivkumar Seerapu is appointed as global product head of Financial Supply Chain and head of Regional Trade Product for Asia. Eric Koo is appointed as head of Global Transaction Banking, Hong Kong. Mrugank Paranjape is appointed as head of Domestic Custody Services, South & South East Asia. Ridzal Sheriff is appointed as head of Global Transaction Banking, Malaysia, and Jacqueline William is named as CEO of Deutsche Trustee Malaysia Berhard (DTMB).
Mr. Shivkumar, currently the head of Regional Product for Trade Finance, Asia Pacific, will continue to be based in Singapore. Mr. Koo will be responsible for spearheading Deutsche Bank’s transaction banking strategies and aligning its business plans with the region’s priorities and will be based in Hong Kong. Mr. Paranjape will oversee operations in India, Indonesia, Malaysia, Pakistan, Singapore, Sri Lanka, Thailand and Vietnam. Mrugank will continue to be based in Mumbai. Mr. Sheriff will succeed Rojeanne Sen and Mr. William will succeed Ridzal .
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.
