Asian experience to the fore as Deutsche shuffles management

Earlier we reported that Deutsche Bank would be kicking Rob Rankin upstairs, and we speculated that he was on his way to Europe. On Friday, the bank formally announced that Rankin would become the co-head of corporate banking and securities, and head of corporate finance, based in London.

That leaves the top post in Asia-Pacific open. The obvious successor is Loh Boon Chye, Deutsche’s head of corporate and investment banking CIB in the region. However, FinanceAsia has learned that he is leaving the bank after a 17-year career. Instead, Gunit Chadha, Deutsche’s CEO for India, and Alan Cloete, who is head of global finance and foreign...