Deutsche Bank Said to Name Asia Regional Finance Headsby
Newly created positions are filled as part of restructuring
Oliver Brinkmann named head of corporate finance, North Asia
Deutsche Bank AG has filled newly-created corporate finance positions in the Asia-Pacific region as part of a restructuring plan, a person familiar with the matter said.
This week Oliver Brinkmann was named head of corporate finance for North Asia, while Sreenivasan Iyer was appointed head of corporate finance for Southeast Asia, according to the person. Jason Cox, who previously was with Bank of America Corp., became co-head of equity capital markets for Asia-Pacific, the person said, asking not to be identified as the information is private.
Deutsche Bank said in October it would restructure its divisions and management this year amid a wide-sweeping change of reporting lines. The Frankfurt-based lender is splitting its corporate banking and securities unit in two and creating a new division, called Corporate and Investment Banking.
The appointments follow the departure of Deutsche Bank’s former Asia corporate finance head Douglas Morton, who left in December, a person familiar with the matter said earlier. Deutsche Bank ranked seventh among advisers on Asia-Pacific mergers and acquisitions last year with $119.1 billion of deals, data compiled by Bloomberg show.
Brinkmann will also be the co-head of corporate finance for China, along with Lan Chen, according to the person. Cox will co-head Asia-Pacific equity capital markets with Kefei Li, reporting to global ECM head Mark Hantho, the person said.
Michael West, a Hong Kong-based spokesman for the bank, confirmed the appointments.
Separately, Sumeet Puri, Deutsche Bank’s Hong Kong-based head of ECM syndicate for Asia, has left the firm, people with knowledge of the matter said earlier.
- Sanjay Agarwal was named executive chairman for India corporate finance, while Amit Bordia became India corporate finance head
- Bruce MacDiarmid and James Roth were appointed co-heads of corporate finance for Australia
- Simon Roue will continue to oversee Japan corporate finance business until a successor is appointed