He joins from Maritime Bank, a Vietnamese bank where he was CEO for four years before taking up its deputy chairman position earlier this year.
Deutsche Bank has appointed seasoned banker Huynh Buu Quang to lead the bank's expansion of its franchise in Vietnam, pending State Bank of Vietnam approval.
As chief country officer Vietnam, Huang will be based in Ho Chi Minh City. He brings more than 25 years of experience in corporate banking, and has held local and regional leadership roles in Vietnam, Singapore, Hong Kong and Indonesia, across multiple banking functions spanning trade finance and credit risk management.
Important Market
Alexander von zur Muehlen, Deutsche Bank’s Asia Pacific CEO called Vietnam «a key growth market» for the bank in ASEAN, in a statement announcing the move.
Deutsche Bank has operated in the country since 1992. Since 2017, the bank has raised more than $1 billion in debt, loan and equity capital annually for Vietnamese corporates.
Earlier this year, Deutsche Bank announced that it would increase its investment in Vietnam, with the recently ratified EU-Vietnam Free Trade Agreement expected to boost trade flows.