The German lender's Hong Kong chair and Greater China investment banking vice chair has left the firm after two decades.
Deutsche Bank managing director Rowena Chu has resigned from the bank, «Bloomberg» reported (behind paywall) on Wednesday, citing people with knowledge of the matter.
Chu was chairman of Hong Kong, vice chair of Greater China investment banking and, previously, the chairman of equity capital markets, Asia. Before joining Deutsche Bank in 2001, Chu spent 12 years at J.P. Morgan, where she was co-head of Greater China, and two years at Merrill Lynch where she was head of Asia technology ECM.
APAC Appointments
The bank announced in a separate memo a pair of appointments to its technology, media and telecom team. Hong Kong-based Andrew Ma joins as head of TMT coverage for China. He was previously covered China TMT for Barclays, and held roles at Macquarie and Credit Suisse.
Malaysia country chief Yusuf Yaccob will take on an additional role as head of Southeast Asia tech, media and telecoms (TMT).
Asia Pacific is home to some of the fastest growing TMT companies globally and we look forward to intensifying our focus on this sector with these appointments,» Mayooran Elalingam, Deutsche Bank head of investment banking coverage and advisory for Asia Pacific said in the memo.
