EXCLUSIVE: Deutsche's Wealth Arm Makes Senior Southeast Asia Hire

Tom Burroughes

8 December 2017

Deutsche Bank’s wealth management arm in Asia has made another senior hire, this publication can exclusively report, coming hard on the heels of a raft of hires in the region, as reported here.

Ingrid Wijaja, former team head of Indonesia at as a desk head covering Southeast Asia in Singapore. She is a MD, a source familiar with the matter told this news service.

The Frankfurt-listed lender declined to comment on the matter.

The appointment follows shortly after the bank hired two teams to its operations in Asia. The first team of four, led by group head Jonathan Ng, joined Deutsche Bank WM from BNP Paribas Wealth Management Singapore. Ng reports to Kin-Mun Kwong, head of wealth management coverage, Southeast Asia. Ng was joined by two relationship managers, Rachel Salomon and Jonathan Tanudjaja, and a service assistant.

The second team of two, led by Gregory Goh, joined Deutsche Bank WM from Nomura Singapore. Goh reports to Malcolm Tay, group head, Southeast Asia for wealth management. Goh is joined by a relationship manager Greta Tang.

In October, this publication reported that Deutsche Bank WM had appointed Wee Teck Tay as director, head of private markets Asia-Pacific, and John Lilley as director, funds solutions specialist APAC.

In a separate development at Deutsche Bank, its Deutsche Asset Management business is using the acronym DWS as its new global brand, while the organisation also announced a new management team. DWS becomes the group’s umbrella brand, covering institutional and retail business and applying to all asset classes.