Deutsche hires new wealth management head in Asia

Raju will take on the role of head of private wealth management for Asia-Pacific at Deutsche from March 8. He assumes the responsibilities of Rico Caduff, who takes on the newly created role of chairman, private wealth management for Asia-Pacific.

Raju joins Caduff on the German bank’s global private wealth management executive committee. Kenneth Toong, formerly Deutsche’s head of private wealth management for North Asia, is now deputy head of private wealth management Asia.

Raju was previously