Deutsche Bank promotes new head in Asia Pacific 29 April 2014Asia Pacific Reporter: Tammy Facey
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Shrinath Bolloju has been appointed as the Asia Pacific head of Deutsche Bank’s new investor services business, as well as trust and securities services and cash management for financial institutions.
Investor services is a new business encompassing custody and clearing, agency securities lending, and fund services. They were previously run under the direct securities services banner.
Bolloju has been brought in to lead investor services in the Asia Pacific, as will trust and securities services and cash management for financial institutions in the region.
Bolloju will manage the profit and loss of the trust and securities services and cash management for financial institutions business, including product management, business development, local sales and client services for both domestic and cross-border clients, as well as the overall growth of the investor services franchise.
He will report to newly appointed global head of investor services Rafael Moral for that role.
He will also report regionally to Lisa Robins, Asia Pacific head of global transaction banking, and globally to Satvinder Singh, global head of trust and securities services and cash management for financial institutions, for his work in the Asia Pacific in that capacity.
Bolloju previously served as the group COO for Deutsche Bank Group India. He also worked for the Corporate trust and agency services and domestic custody business.
Robins commented on Bolloju’s new role: “We are delighted to see [him] joining the team. In his last role as COO of Deutsche Bank Group India, he developed the infrastructure and governance framework to support the phenomenal growth of the franchise.”
“With Bolloju at the helm of the business, I am confident that we will continue to succeed and expand together with our clients,” added Singh.
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