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People moves news

Deutsche Bank appoints Arora as Chief Country Officer and Head of Corporate Bank


29 September 2026 Phillipines
Reporter: Zarah Choudhary

Generic business image for news article
Image: a_medvedkov/stock.adobe.com
Deutsche Bank has appointed Vikas Arora as chief country officer and head of Corporate Bank for the Philippines, effective 1 October 2026, subject to regulatory approvals.

In his new role, Arora will be responsible for Deutsche Bank’s platform in the Philippines, driving the bank’s business across the Corporate Bank and Investment Bank, and representing Deutsche Bank group in the country.

Arora will report jointly to Kaushik Shaparia, Deutsche Bank’s CEO for India and Emerging Asia, and Burkhard Ziegenhorn, Deutsche Bank’s head of Corporate Bank for Southeast Asia and Australia.

Arora joined Deutsche Bank as a management graduate in 1996 and has nearly three decades of experience across client coverage, trade finance, cash management, corporate banking, and transaction banking in Asia and the Middle East.

His previous roles at Deutsche Bank include chief country officer in Sri Lanka and head of Global Transaction Banking in the Philippines, where he was based from 2015 to 2018.

He was most recently the bank’s head of Corporate Bank in Malaysia. Arora has since relocated to Manila.

Commenting on his appointment, Shaparia says: “We have more than 50 years of history in the Philippines and see significant opportunities ahead for our clients and our franchise.

“Vikas is an experienced leader who understands both the market and the needs of our clients. We are pleased he has returned to Manila and look forward to working with him to continue to advance Deutsche Bank in the Philippines.”

Ziegenhorn adds: “Vikas has returned to the Philippines at an exciting time for our business and our clients. His broad experience across client coverage and transaction banking, together with his understanding of the local market, will help us build on our strong position and capture new growth opportunities.”
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