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Deutsche Bank has brought in Werner Steinmueller to help steer its business in the Asia Pacific (APAC) region, one of the lender’s highest growth regions. As per the new appointment, he will serve as the group’s CEO for the region with immediate effect.
In his new role as the CEO of Deutsche Bank’s APAC unit, Mr. Steinmueller will be based out of Hong Kong – he will also have the distinction of being the first of Deutsche Bank’s board members to serve out of Asia. Presently, Asia has been the antithesis of Deutsche Bank’s London operations.
Whereas London and Europe are mired ... (read more)