Deutsche Bank appoints Evan Goldstein as Global Head of Renminbi Services
Deutsche Bank AG today announced the appointment of Evan Goldstein as Global Head of Renminbi Services, effective March 2014.
Based in Hong Kong, Mr. Goldstein will report to Michael Ormaechea, Co-Head of Corporate Banking & Securities for Asia Pacific and Lisa Robins, Asia Pacific Head of Global Transaction Banking. In this newly-created role, Mr. Goldstein will be responsible for managing the growth of Renminbi-related activities across the Deutsche Bank franchise globally, and for ensuring their alignment with the strategic imperatives, product development initiatives and client-focused objectives of the Bank.
Mr. Goldstein joins from Standard Chartered Bank where he was Managing Director, Head of Product Management for Financial Institutions – Asia within its Transaction Banking division. He led a team of product managers across twelve markets covering cash management, trade finance and securities services for banks, investors and intermediaries. Mr. Goldstein previously spent 13 years at J.P. Morgan in a number of strategic, management and product development roles.
Michael Ormaechea, Co-Head of Corporate Banking & Securities for Asia Pacific at Deutsche Bank, said: “We have seen a surge in demand from our clients for Renminbi services, which we see as critical to our continued success both as a leading foreign exchange institution and as a trusted corporate banking partner. We are pleased that Evan will be bringing his unique breadth and depth of experience to this new role.”
Lisa Robins, Asia Pacific Head of Global Transaction Banking at Deutsche Bank, added: “Evan’s broad banking experience is a tremendous asset to our Renminbi business, especially as the internationalisation of the Renminbi continues to gain momentum and the currency becomes increasingly significant in global trade and cross-border investments. Deutsche Bank’s strong platform, comprehensive solutions and client-centric approach will position the Bank to maintain its leadership in Renminbi-related services.”
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By their very nature, forward-looking statements involve risks and uncertainties. A number of important factors could therefore cause actual results to differ materially from hose contained in any forward-looking statement. Such factors include the conditions in the financial markets in Germany, in Europe, in the United States and elsewhere from which we derive a substantial portion of our revenues and in which we hold a substantial portion of our assets, the development of asset prices and market volatility, potential defaults of borrowers or trading counterparties, the implementation of our strategic initiatives, the reliability of our risk management policies, procedures and methods, and other risks referenced in our filings with the U.S. Securities and Exchange Commission. Such factors are described in detail in our SEC Form 20-F of 20 March 2014 under the heading “Risk Factors”. Copies of this document are readily available upon request or can be downloaded from www.deutsche-bank.com/ir.