
Deutsche Bank shuffles Asian credit team
Chetankumar Shah and Wai-Hong Luk will replace Gao as co-heads of integrated credit trading Asia. In addition to their new roles, Shah will also retain his position as head of global markets for India, while Luk will retain responsibility for the Asian asset swaps and convertible bond trading business.
Meanwhile, the bank has appointed Singapore-based David Lynne as head of integrated credit trading and emerging markets in Asia. Lynne was previously co-head of Asian emerging markets and replaces Alejandro Brockmann, who is relocating to take up an undisclosed senior position within Deutsche Bank in New York.
Bryan Yap, previously the other co-head of Asian emerging markets, will now run the emerging markets group on his own, reporting to Lynne. Both Lynne and Yap will remain on the bank’s global emerging markets management committee.
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