Deutsche Bank will strengthen its wealth capabilities in Asia with the appointment of a new regional head of discretionary portfolio management.
Deutsche Bank International Private Bank (IPB) appointed Stefanie Holtze-Jen as the head of discretionary portfolio management (DPM) Asia Pacific, according to a statement.
Based in Singapore, Holtze-Jen will assume regional responsibilities for DPM in addition to her role as APAC chief investment officer.
She reports to global head of DPM Tuan Huynh in addition to her existing reporting lines.
Harsh Agarwal
The German private bank also appointed Harsh Agarwal as DPM head of fixed income, Asia, reporting to Holtze-Jen.
Agarwal has more than 15 years of fixed income experience and he joined Deutsche Bank in 2013. He was most recently the co-head of the APAC credit desk strategy and a senior member of the investment bank’s global credit trading team.
«These dual appointments of our esteemed finance experts underscore our commitment to invest to further position the IPB as a leader in DPM, which is a core part of IPB’s offering for our clients,» said Huynh.
