Posted inAsset managers

Deutsche Bank bulks up global South Asian wealth focus

The addition of two senior individuals continues the expansion of the regional team during 2021.
Amrit Singh, Deutsche Bank Wealth Management

Deutsche Bank Wealth Management has added to its global South Asia (GSA) team in Singapore with two new hires.

Shankar Jha has joined as a managing director and group head. He has over 20 years of experience in private banking and wealth management.

Prior to joining Deutsche Bank, he worked at DBS Private Bank, UBS and Citibank as a private banker and team leader, covering clients in South-east Asia, the Middle East, India and the UK.

Meanwhile, Sachin Thussu has joined Deutsche Bank as a director and senior investment advisor, to be part of the investment management team.

He has over 20 years of experience across financial markets (FX and precious metals) and cross-asset advisory. He previously worked at DBS Private Bank, Credit Suisse, Standard Chartered Private Bank and Citibank, across desks in London, Zurich and Singapore, covering clients ranging from private wealth to quasi-institutions.

“We value the importance of the GSA market to the bank’s Asia strategy, and will continue investing,” said Amrit Singh, head of Global South Asia wealth management.

To date in 2021, the bank’s Global South Asia team has hired 14 relationship managers (RMs) in Dubai, Geneva and Singapore. It has also hired three investment advisors in Dubai and Singapore. In India, the team has hired four RMs.

Part of the Mark Allen Group.