David Conroy has been appointed managing director and the Americas head of Trade Finance and Cash Management Corporates for Deutsche Bank’s Global Transaction Banking (GTB) business area.
GTB encompasses Deutsche Bank’s cash management, trade finance, capital market sales and trust & securities services. Based in New York, Conroy will report to GTB’s Marilyn Spearing, global head of Trade Finance and Cash Management Corporates.
Conroy has more than 20 years of transaction banking experience. He spent the last eight years in senior management roles across cash, trade and relationship management with Citibank Global Transaction Services. Prior to Citibank, he held a number of leading transaction banking roles at Standard Chartered and JPMorgan Chase.
“Deutsche Bank’s transaction banking business has been recognised as an industry-leading area that is a solid generator of revenues and profits. We play dominant roles in many areas of our GTB business in the US, including our top five US dollar clearing position. The Americas is an important pillar of our global approach and we are committed to making the necessary investment of financial and human capital to continue our success in this region. David Conroy is a prominent transaction banking specialist who offers the expertise and vision to continue to move our Americas cash and trade presence to the next level,” says Spearing.