Deutsche Bank Appoints Discretionary Wealth Head

She takes over from Tuan Huynh, who was appointed Deutsche Bank’s Chief Investment Officer, Europe, several months ago.

The wealth management division of Deutsche Bank has appointed Siok Kuan Tham as head of Wealth Discretionary (WD) for Emerging Markets, it announced in a statement on Thursday.

Based in Singapore, Tham will report globally to Gregor Hirt, global head Wealth Discretionary, and locally to Lavanya Chari, global head of Global Products & Solutions (GPS).

Tham has extensive experience in portfolio and fund management. She was most recently head of Fixed Income at DWS, Deutsche Bank’s asset management arm, based in Singapore, where she also chaired the Asian Fixed Income Portfolio Construction Committee.

Tham’s hire comes as the German lender aims to expand its footprint in the region. Last week, Deutsche Bank Wealth Management announced that it is hiring Boris Kwok as Group Head, North Asia, with a focus in China.

Along with Kwok, it brought in 20 other talented front-facing wealth management professionals, six of whom are directors, as part of the firm’s expansion strategy in North Asia to increase the number of relationship managers by 40-50 percent in three years.