Deutsche Bank Appoints Discretionary Wealth Head
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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.
Questions & Answers
Q.What is Siok Kuan Tham's new role at Deutsche Bank?
What is Siok Kuan Tham's new role at Deutsche Bank?
Siok Kuan Tham has been appointed as the head of Wealth Discretionary (WD) for Emerging Markets within Deutsche Bank's wealth management division. She will be based in Singapore for this role.
Q.Who did Siok Kuan Tham replace in her new position?
Who did Siok Kuan Tham replace in her new position?
Siok Kuan Tham takes over from Tuan Huynh, who was appointed as Deutsche Bank’s Chief Investment Officer, Europe, several months ago. This change facilitated her new appointment within the wealth management division.
Q.Who will Siok Kuan Tham report to in her new role?
Who will Siok Kuan Tham report to in her new role?
Tham will report globally to Gregor Hirt, the global head of Wealth Discretionary. Locally, she will report to Lavanya Chari, who is the global head of Global Products & Solutions (GPS) for Deutsche Bank.
Q.Is Deutsche Bank expanding its wealth management team beyond this appointment?
Is Deutsche Bank expanding its wealth management team beyond this appointment?
Yes, Deutsche Bank Wealth Management is also expanding in North Asia. They recently hired Boris Kwok as Group Head, North Asia, along with 20 other front-facing professionals, to grow relationship managers by 40-50% in three years.
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