Deutsche Bank has hired Rodolfo ML Siason as chief country officer and head of corporate bank for the Philippines, effective April 1, subject to regulatory approvals.

Siason will lead the bank’s 1,500-strong platform in the country. He will be responsible for the corporate bank and investment bank, along with one of the bank’s two key service hubs in Asia-Pacific, serving critical back and middle office functions globally.

He will replace Michael Chua, who is retiring after working in the banking industry for nearly 30 years. Under Chua’s leadership as CCO, Deutsche Bank says, its Philippines business achieved significant revenue growth and successfully executed a number of landmark transactions.

Siason will report to Burkhard Ziegenhorn, head of corporate bank for Southeast Asia and Australia, and Kaushik Shaparia, chief executive officer, emerging Asia and chief country officer of India.

Siason has more than 20 years of financial institutions experience, including nearly 18 years with Citibank in the Philippines, Singapore and the Czech Republic. Most recently, he was Citi’s head of treasury and trade solutions for the Central Europe cluster, based in Prague. He has held a wide range of roles across credit, client coverage and franchise management, with a strong focus on enabling clients to become more global. Siason will relocate to Manila.