Deutsche Bank has appointed Jin Yee Young as head of the international private bank for Asia Pacific, effective 3 January next year.
She will be based in Singapore and will also join the international private bank’s global executive committee.
“In Jin Yee Young we have found an outstanding leader to take the IPB [international private bank] in APAC to the next level. Throughout her distinguished career, Jin Yee has proven herself a strong and effective leader. As one of the most well-respected private bankers in Asia, she possesses all the skills and deep market knowledge needed to run our business,” said Claudio de Sanctis, head of the international private bank and CEO for Europe, the Middle East and Africa.
“Already one of the top ultra high net worth wealth management franchises in Asia, coupled with our highly regarded India business, we have strong ambitions to propel our business further into its next phase of growth. Our goal in this dynamic region is to become the leading financial institution for entrepreneurs and their families leveraging the full Deutsche Bank offering.”
Young has over 20 years experience including most recently as deputy CEO for wealth management in Asia Pacific, head of wealth management for Singapore and deputy CEO of the Singapore branch at Credit Suisse.
Prior to joining Credit Suisse, she worked at DBS Bank and Citibank.
Young is a replacement for Lok Yim, who is stepping back to focus on his role as chief executive of Deutsche Bank in Hong Kong.