Deutsche Bank has promoted its co-head of investor services for Asia-Pacific to head of securities services for the region.
Anand Rengarajan has been with Deutsche since 2000, having held various roles in sales, product and products for cash management and investor services across India and Singapore.
He will be based in Singapore and will be responsible for developing and implementing the bank’s securities services business strategy across the region.
Rengarajan will report to Satvinder Singh, global head of securities services, who said he will be an “invaluable resource” for driving growth in the business in Asia-Pacific.
Head of global transaction banking at Deutsche Bank, Lisa Robbins, added: “We are pleased to have chosen [Rengarajan] to lead our securities services business in APAC. His track record and long tenure at Deutsche Bank will serve him well in his new role.”