Deutsche Bank adds $100 mln capital, appoints Gunit Chadha at Apac Exec comm

Deautche Bank head for Asia Pacific, a certain Rob Rankin, moves to London, and co head corporate banking and securities as Anshu Jain steps into his new role. Mean while as a probable Apac CEO Loh Boon Chye leaves the bank Chadha and Coete a Global Finance head move in as Co CEOs of the Asia Pacific operation and the Executive committee expands from 12 to 18 including Chadha as one of the members. Loh was on eof the movers behind the banks expansion in Asian flow trading. Apac revenues were $5 bln in 2011 and profits have troipled int he last three years (Finance Asia)

Meanwhile ET reports that Deutsche Bank India has filed in more Capital for its branches excluding its brokerages and other businesses adding a third or fourth tranche since the bank exited the credit cards portfolio as local operations have grown 18% in 2011 itself

Gunit Chadha joined from IDBI Bank in 2003. Cloete joined from Lehman in 1997. Another Asia chief, Colin grassie is also joining the Executive Committee . Loh a local MAS inductee probably stays ion in Singapore after he leaves the bank. 

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