Deutsche Bank announces expansion of Global Credit Trading platform in China; appoints Jianyi Zhu as Head
Deutsche Bank today announced it has significantly expanded its Global Credit Trading platform in China, with Jianyi Zhu appointed as Managing Director and Head of Global Credit Trading for Greater China, along with several other senior hires.
Sajid Javid, Managing Director and Head of Global Credit Trading Asia at Deutsche Bank, says the new hires are in response to the increasingly diverse funding needs of Chinese corporations.
“The funding needs of Chinese companies are extremely diverse. Our clients require a range of flexible financing options, from securitization to commodity and structured finance, pre-IPO funding or access to private equity.
“As such, Deutsche Bank is expanding its Global Credit Trading platform in China to better serve its existing client base and broaden the range of financing options available to Chinese corporations”, he said.
Mr Zhu joins from Goldman Sachs where he was previously an Executive Director in the Asia Special Situations Group, based in Hong Kong. As a founding member of the Group’s China team, he was responsible for sourcing, evaluating, executing and managing a broad range of investments in China across numerous asset classes and industries. Mr Zhu holds a Bachelor of Arts in Economics from Waseda University, School of Political Science and Economics, Tokyo.
Mr Zhu will join Deutsche Bank on 13 June, 2007. For CDOs and credit trading-related activities, Mr Zhu will report to Chetankumar Shah, Head of Credit Trading, CDOs and Credit Structuring for Deutsche Bank in Asia. For all other activities, he will report to Mr Javid.
“Our clients in China will benefit greatly from Jianyi Zhu’s comprehensive understanding of their financing and investment needs and his ability to provide a diverse range of financing options via Deutsche Bank’s leading global capital markets platform,” Mr Javid added.
Deutsche Bank also announced it has made three senior hires to join Mr Zhu and the existing Greater China Global Credit Trading team, which is based in Hong Kong.
Sun Yong Hong joined Deutsche Bank last month as Director, Global Credit Trading, from JP Morgan Chase in Beijing, where he was an Executive Director in the Asia Special Situations Group. Mr Sun has over 13 years’ experience in Asian financial markets, working in a diverse range of roles, from fixed income sales to debt origination and corporate finance. He holds a Masters in Business Administration from Harvard Graduate School, Boston, and a Bachelor of Arts in Economics and a Master of Arts in Economics from the Univeristy of International Business & Economics in Beijing.
Rowena Yue joined this month as Director, Global Credit Trading, from Standard Chartered where she was a Director in the Corporate Finance and Advisory Group. She has over 17 years’ experience in mergers and acquisitions in Asia and holds a Masters in Business Administration from the University of Toronto and a Bachelor of Science (Hons) in Computer Science from the University of London.
Gavin Xing joined Deutsche Bank last month as Vice President, Global Credit Trading, from HSBC in Hong Kong where he was a Director in the Project and Export Finance Group. Mr Xing holds a Masters in Applied Finance from Macquarie University, Australia, a Bachelor of Business from the Melbourne Institute of Technology and a Graduate Diploma from the Securities Institute of Australia.
Msrs Sun and Xing and Mrs Yue will all form part of Mr Zhu's Greater China team.
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Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With 73,114 employees in 73 countries, Deutsche Bank offers unparalleled financial services throughout the world. The bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.