Deutsche Poaches Ant Financial China Corporate Cash Head
(15 June 2020 – China) Deutsche Bank has named Alvin Ho as its new head of corporate cash management for China, where he will be responsible for driving the bank’s corporate cash management strategy and overseeing the cash management sales function.
Based in Shanghai, Ho will report to Chintan Shah, head of corporate cash management for the Asia-Pacific region, and Dirk Lubig, global transaction banking head, China.
Ho comes to his role at Deutsche from Ant Financial, where he focused on the provision of credit-tech in the consumer finance space and blockchain solutions for supply chain management. Prior to that, he worked at Standard Chartered where he led the digitisation agenda for Greater China and covered top-tier multinational clients in China in cash management, trade finance and regional liquidity management.
“We are delighted to welcome Alvin to our senior team. This appointment reflects the broader bank strategy to grow our franchise in China, where we see many opportunities for our cash management business, particularly with the emerging payment trends in China as well as the outbound corridor for Chinese corporates outside of China,” said Shah.
“With Alvin’s experience and excellent track record, we are confident that we can accelerate our growth in China, and build on the successful launch of our Blue Water Fintech space in Shanghai by capitalizing on our global expertise in providing innovative value propositions to our cash management clients,” said Lubig
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