Deutsche Bank appoints new global head 06 September 2011London Reporter: Anna Reitman
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Deutsche Bank has announced the appointment of Satvinder Singh in the role of global head of Trust & Securities Services (TSS). Singh joins Deutsche Bank from Citibank where he was head of direct custody and clearing for EMEA.
Singh will become a member of Global Transaction Banking’s executive committee and report to Werner Steinmueller, head of Global Transaction Banking (GTB) and member of the group executive committee. Singh joins Deutsche Bank in mid-November and will be based in London.
“Satvinder's track record in successfully running businesses, combined with his proven client skills, deep-rooted network and industry standing will be invaluable in accelerating the continued growth of our TSS franchise, further cementing Deutsche Bank’s leading position in the securities services industry," Steinmueller said.
With 17 years experience in the securities business, Singh has held a variety of local, regional and global management positions within transaction banking across Asia and EMEA.
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