Deutsche Bank announced that Trent Doughty will run its private wealth management (PWM) business in Australia and New Zealand. Doughty and Chum Darvall, Deutsche’s chief executive for Australia and New Zealand, will lead an expansion of the bank’s PWM business in the region.
Doughty reports to Singapore-based Ravi Raju, the head of Deutsche’s Asia-Pacific PWM division. Doughty, who has been with Deutsche since 2007, will relocate from Singapore to Sydney. Prior to Deutsche, he was with Citigroup out of Hong Kong and Singapore as a director in the investment advisory business. He also worked in Treasury sales and trading at WestLB.
Deutsche Bank AG has also announced that it has appointed Prashant Joshi as head of its private and business clients in India. His appointment is with immediate effect. Joshi is also to oversee the implementation of the bank’s retail banking platform in the country. He was earlier with Standard Chartered Bank, where he was the general manager for the small and medium enterprise business in India.-Investment Dealers Digest
