June 29, 2010

Deutsche Bank expands China institutional sales team

Deutsche Bank announced today it has made seven appointments to its institutional sales team for China, who will focus on marketing global products to Chinese financial institutions. All appointments, which are effective immediately, are based in Hong Kong and report to Wenbo Shao, Head of the Institutional Client Group (ICG) China.

“Our new colleagues ensure we can maintain a high degree of service at a time when clients in China are becoming more sophisticated and global in achieving their investment and risk management objectives,” said Shen Yan, Co-Head of ICG Asia.

Li Wei has been appointed a Director, ICG China. Ms Wei joins from Citigroup, where she marketed investment products to Chinese financial institutions. She also brings seven years’ experience from NYSE Euronext, where she held a number of senior positions. Ms Wei holds a PhD in Finance from the University of Utah, as well as Master of Management and Bachelor of Management Information Systems from Tsinghua University.

John Fei joins as a Director, ICG China. Mr Fei was previously Head of China Business Coverage with AIG Financial Products and a Director at HSBC, where he managed fixed income sales and marketing in China. Mr Fei holds a MBA from Fudan University and MIT Sloan School of Management, along with a Bachelor of Science from Harbin Institute of Technology.

Shibin Wang has been appointed Vice President, ICG China. Mr Wang joins from Goldman Sachs where he worked in institutional sales, covering Chinese financial institutions and state-owned enterprises. Mr Wang holds a Master of Finance from the People’s Bank of China Graduate School and a Bachelor in International Business from Northeast University of Finance and Economics.

Deutsche Bank has also hired four associate and analyst-level professionals to join its ICG China team. Wei Wei, Lisa Yan and Rongmin Qin join Deutsche Bank’s onshore institutional sales team in Shanghai. Ji Wang joins Deutsche Bank’s offshore sales team in Hong Kong.
Deutsche Bank’s Institutional Client Group covers financial institution clients in 14 markets across the Asia ex-Japan region.

For further information, please contact:

Deutsche Bank AG                                

Mark Bennewith                                
Phone: +65 6423 8413        
E-Mail: mark.bennewith@db.com        


About Deutsche Bank

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 80,849 employees in 72 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.