Deutsche Bank, Standard Chartered appoint senior transaction bankers
Deutsche Bank’s Corporate Bank has announced the appointment of Chintan Shah as head of cash management in Asia-Pacific. Previously head of cash products in the region, Shah will report to David Lynne, APAC head of Corporate Bank, and to Ole Matthiessen, global head of cash management. In addition to his new role, he will head the APAC corporate cash sales function, reporting to Bas Marteijn, global head of cash management sales. He will continue to be based in Singapore.
Shah has more than 16 years of experience in cash management at Deutsche Bank. During this time, he has held multiple roles across various markets within the APAC region, such as head of trade finance and cash management, corporates in Thailand, Malaysia and Indonesia. Before that, he was responsible for the cash management business in India, based in Mumbai.
Shah succeeds Suman Chaki, who will be relocating to New York as corporate cash sales head for the Americas, in addition to his existing role as global head of cash structuring. He will further scale Deutsche Bank’s industry-tailored advisory from sector experts in the market. With this move, Chaki will also be able to bring his deep knowledge and expertise of the Asian markets to Deutsche Bank’s multinational clients in the US. A Deutsche Bank veteran, he has spent over 20 years working in Asia in various senior positions within the bank’s cash management and trade finance businesses.
Over at Standard Chartered, Michael Spiegel was named global head of trade, effective January 2. Based in Singapore, he reports to Lisa Robins, global head of transaction banking.
Spiegel brings to Standard Chartered more than three decades of experience working across Europe, the US and Asia. He joins from Deutsche Bank where he shaped the bank’s global trade finance and cash management offering in various roles, including global head for trade finance and corporate cash management. He has also held senior roles in client coverage and had regional management responsibilities at the executive management committee level.
As one of the leading trade banks in the world, Standard Chartered is focused on investing and innovating in the way global trade finance operates to improve the client experience.
Most recently, the bank announced its strategic investment into Linklogis, China’s leading blockchain-enabled supply chain financing platform, to enhance its joint supply chain ecosystem proposition. It also introduced SC GPI Track, a publicly accessible portal that offers its clients the ability to trace all cross-border payments cleared through the bank’s major clearing centre.
IN • ANZ Antonia Watson CEO, New Zealand; Peter Chan CEO, Hong Kong • Bank J Safra Sarasin Brenda Chao managing director • Bank Rakyat Malaysia Datuk Rosman Mohamed CEO • CIMB Bank Victor Lee CEO, Singapore • Citi Private Bank Christian Schuwey head, FX advisory, South Asia • Deutsche Bank Chintan Shah head, cash management, Asia-Pacific; Suman Chaki head, corporate cash sales, Americas • Deutsche Bank Wealth Management Boris Kwok group head, North Asia; Siok Kuan Tham head, wealth discretionary, emerging markets • Indosuez Wealth Management Asia Olivier Livenais CEO, Hong Kong • ICBC (Asia) Carol Cheng managing director, loan syndication; Herbert Chow executive director, structured finance • ING Bank Krista Baetens CEO, wholesale banking, Asia-Pacific • Macquarie Group Charles Yonts head, ESG research, Asia • M&G Investment Berny Lin head, distribution, Asia, ex-Japan • MUFG Bank (China) Johnson Yuan managing director & head, China division / head, China corporate, East Asia • Natixis Investment Managers Gina Huang managing director & head, China • Nomura Pei Shen Chou co-head, M&A, Asia, ex-Japan • OCBC Bank Helen Wong deputy president & head, global wholesale banking; Ching Wei Hong deputy president • PIMCO Adrian Stewart head, client management, Asia-Pacific, ex-Japan • SCB Julius Baer Lalitphat Toranavikrai CEO • Standard Chartered Michael Spiegel global head, trade • Standard Chartered Private Bank Gerald See executive director & senior client partner • Sunlife Hong Kong Steven Fong general manager, distribution; Martin Fortier general manager, financial affairs
OUT • Bank of America Devesh Ashra co-head, debt solutions, Asia-Pacific • CIMB Bank Mak Lye Mun CEO, Singapore • Citi Johnson Yuan executive vice-president & head, China corporate banking; Charles Wong head, retail banking, Singapore • CLSA Charles Yonts head, ESG research • Deutsche Bank Wealth Management Brenda Chao director, Greater China • Eastspring Investments Berny Lin chief distribution officer & chief marketing officer • Indosuez Wealth Management Asia Antoine Candiotti CEO, Hong Kong • ING Bank Gerrit Stoelinga CEO, wholesale banking, Asia-Pacific • J.P. Morgan Gina Huang head, China government relations • Standard Chartered Boris Kwok managing director & market head, China team • UBS Gerald See director, global family office & ultra high net worth division; Pei Shen Chou managing director & co-head, all industries group / head, natural resources, Asia • UBS Private Bank Christian Schuwey managing director, FX advisory, ultra high net worth clients