Deutsche appoints ex-UBS exec as Vice-Chairman, Wealth in APAC
Anurag Mahesh has been named by Deutsche Bank as its Vice-Chairman, Wealth Management in the Asia-Pacific region
November 17, 2021 -- Anurag Mahesh has been named Vice-Chairman, Wealth Management APAC, according to a statement released by the bank.
In the newly created role, Mahesh will focus on bringing new client relationships for the wealth management business as well as assisting coverage and advisory teams with deepening relationships with existing clients. He also joins the international private bank APAC executive council.
Lok Yim, Head of International Private Bank, Asia Pacific said,
Anurag returns to the bank at a time of strong momentum for our Wealth Management business in particular. The recent upgrade of our ratings by Moody's, Fitch, and S&P are of course positive for our conversations with clients, and as you know we have been steadily investing in the best talent in the region as well. We've had strong net new asset growth this year, with significant client participation in our recently launched innovative portfolio solutions - the Strategic Asset Allocation and Strategic Income Allocation strategies. With Anurag's return, we are confident this momentum will continue as we reinforce our position as the preeminent private bank for (U)HNW clients and family entrepreneurs in region.