Deutsche Bank has made two new appointments to its Global Transaction Banking Division.
Susan Skerritt has been named regional head Americas. She 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. She will be based in New York.
“Transaction banking continues to be a key pillar of Deutsche Bank Americas. I am confident that with Skerritt’s breadth of experience, she will add to the momentum we are experiencing in the region,” said Brand.
Skerritt joins Deutsche Bank with more than 30 years of transaction banking experience covering cash management, global custody, corporate trust, treasury services and trade finance.
Most recently she was executive vice president and global head of business strategy and market solutions, treasury services at BNY Mellon.
Samba Sivan has been appointed as South Asia head of direct securities services, effective immediately.
Based in Singapore, Sivan will report to Mrugank Paranjape, Asia Pacific head of trust and securities services and cash management for financial institutions.
In his newly created role, Sivan will be responsible for driving the strategic growth of Deutsche Bank’s direct securities services franchise in the South Asia region.
Sivan was previously senior business manager for Deutsche Bank’s trust and securities services and cash management for financial institutions businesses in Asia Pacific.
Deutsche Bank also appointed Tim Liu as greater China head of direct securities services in January 2013. In this role, Liu has been overseeing the expansion of the bank’s direct securities services business in mainland China, Hong Kong and Taiwan.
Paranjape said: “These appointments demonstrate Deutsche Bank’s ongoing commitment to growing its direct securities services business in Asia. Sivan’s new role is a reflection of our strong commitment and focus on the ASEAN markets, complementing our momentum in the greater China region. He will be instrumental in helping us to meet our ambitious goals for the South Asia region.”
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