Deutsche Bank has appointed Samir Dhamankar as head of securities services and global transaction banking in Indonesia, responsible for spearheading its fund administration and custody businesses in this market, and overseeing its global transaction banking franchise, which includes corporate cash management, trade finance and institutional cash management services.
Dhamankar, who will be based in Jakarta, has been part of Deutsche Bank’s securities services business in India for 14 years, working in leadership roles across product management, sales and market advocacy functions.
Over the course of his 27-year career, he has worked for several leading financial institutions in India in the banking and capital markets segments. He is an experienced financial market professional who has participated in many regulatory and market infrastructure forums as an industry expert.
“Indonesia is one of our fastest-growing markets, and [Dhamankar’s] product and market expertise will be invaluable in his new role,” says Anand Rengarajan, APAC head of securities services at Deutsche Bank.
Siantoro Goeyardi, the bank’s chief country officer in Indonesia, adds: “Indonesia remains one of the most attractive destinations for emerging markets investors allocating capital to Asia.”