Deutsche Bank Hires Ex-Pictet Singapore Chief
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Deutsche Bank continues to expand in Asia with the latest addition of the former Singapore chief executive from Pictet.
Deutsche Bank names Dominique Jooris as Asia Pacific head of wealth solutions, according to a statement,
Jooris was most recently CEO of Bank Pictet in Singapore before he was succeeded in January this year by Sharon Chou. Previously, Jooris held various senior dept capital management roles including 11 years at Goldman Sachs.
According to the statement, Jooris will be focused on driving coverage of the family office segment in the region.
Asia Pacific continues to be the fastest-growing region in the world for wealth accumulation and has been for the last 20 years. Asia Pacific is already home to more billionaires than any other region, the bank added.
Given this dramatic wealth accumulation, many Asian families are institutionalizing their wealth management through more efficient structures and vehicles, primarily via family offices.
Questions & Answers
Q.What is Dominique Jooris's new role at Deutsche Bank?
What is Dominique Jooris's new role at Deutsche Bank?
Dominique Jooris has been named as the Asia Pacific head of wealth solutions for Deutsche Bank. He will be focused on driving coverage of the family office segment in the region.
Q.What was Dominique Jooris's most recent position before joining Deutsche Bank?
What was Dominique Jooris's most recent position before joining Deutsche Bank?
Prior to joining Deutsche Bank, Dominique Jooris was the chief executive of Bank Pictet in Singapore. He was succeeded in that role in January this year.
Q.What area of growth is Deutsche Bank focusing on with this hire?
What area of growth is Deutsche Bank focusing on with this hire?
Deutsche Bank is focusing on the family office segment in the Asia Pacific region. This reflects the trend of Asian families institutionalising their wealth management.
Q.Why is the Asia Pacific region significant for wealth management?
Why is the Asia Pacific region significant for wealth management?
Asia Pacific is the world's fastest-growing region for wealth accumulation and has been for two decades. It already has more billionaires than any other region.
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