Deutsche Bank Makes Key Appoints in GTB

Susan Skerritt will join Deutsche Bank as regional head Americas for its Global Transaction Banking division.

Skerritt will report to Werner Steinmueller, head of Global Transaction Banking and member of Deutsche Bank’s Group Executive Committee. Skerritt will also report to Jacques Brand, CEO, North America, and member of the Group Executive Committee. Skerritt will be based in New York.

Werner Steinmueller said, “We are delighted about Susan’s appointment as we continue to invest in transaction banking, globally and in the Americas region. Her experience and in-depth knowledge of the transaction banking industry make her ideally suited to lead and drive the growth of our franchise in the Americas.”

Skerritt was most recently executive vice president and global head of Business Strategy and Market Solutions, Treasury Services at BNY Mellon.

Deutsche Bank has also appointed Samba Sivan as South Asia head of Direct Securities Services (DSS), effective immediately. Based in Singapore, Sivan will report to Mrugank Paranjape, Asia Pacific head of Trust & Securities Services and Cash Management for Financial Institutions (TSS/CMFI).

Sivan was previously Senior Business Manager for the Bank’s TSS and CMFI businesses in Asia Pacific. He joined Deutsche Bank in 2000 and has held several positions in Global Transaction Banking including Chief Operating Officer in Indonesia and India, as well as Project Management positions in Singapore and India.

In this newly created role, Sivan will be responsible for driving the strategic growth of Deutsche Bank’s DSS franchise in the South Asia region, covering Malaysia, Philippines, Singapore, Sri Lanka, Thailand and Vietnam.

Deutsche Bank also appointed Tim Liu as Greater China Head of DSS in January 2013. In this role, Liu has been overseeing the expansion of the Bank’s DSS business in Mainland China, Hong Kong and Taiwan. Liu joined Deutsche Bank in 2007 as Taiwan Head of DSS. He also covered the Mainland China market in 2011.