Deutsche appoints Atul Jain as Head of APAC Trade Finance
(31 July 2017 – Asia) Following the departure of Shivkumar Seerapu to rival Lloyds Bank, Deutsche Bank has announced the appointment of Atul Jain as Head of Trade Finance and Trade Finance Flow – Asia Pacific, effective immediately.
Based in Singapore, he will be responsible for leading the trade finance business in the region, and for driving the execution of the business’ strategy.
Jain will report to Daniel Schmand, Global Head of Trade Finance, and Michael Dietz, Global Head of Trade Finance Flow. He will also regionally report to Lisa Robins, Asia Pacific Head of Global Transaction Banking.
Jain has extensive experience in senior roles with the German lender. Most recently, he was Regional Chief Operating Officer for Deutsche Bank’s Corporate & Investment Banking division and Global Transaction Banking business in Asia Pacific. Prior to this, he was Deutsche Bank’s Acting Regional Head of Group Strategy in Asia Pacific.
Deutsche Bank’s Lisa Robins, said, “We are delighted to see Atul taking on this new role. With his deep understanding of the transaction banking business in the region and his leadership qualities, I am confident that he will be very successful.”
Daniel Schmand added, “With Atul at the helm of our Asia Pacific business, we hope to build on our momentum in the region and to continue to serve our growing client base with best-in-class solutions.”
Michael Dietz said of the appointment, “Atul’s deep understanding of trade finance will bring a new dimension to the way we operate, which will be very beneficial as we need to adapt to the global environment. I look forward to working with him.”
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