Evan Goldstein appointed global head of renminbi services at Deutsche Bank

27 March 2014   Category: News, Asia, Global, Hong Kong   By Asia Asset Management

Deutsche Bank AG has appointed Evan Goldstein as global head of renminbi services. Based in Hong Kong, he will report to Michael Ormaechea, co-head of corporate banking and securities for Asia Pacific and Lisa Robins, Asia Pacific head of global transaction banking.

In this newly-created role, Mr. Goldstein will be responsible for managing the growth of renminbi-related activities across the Deutsche Bank franchise globally, and for ensuring their alignment with the strategic imperatives, product development initiatives and client-focused objectives of the bank.

Mr. Goldstein joins from Standard Chartered Bank where he was managing director, head of product management for financial institutions – Asia within its transaction banking division. He led a team of product managers across 12 markets covering cash management, trade finance and securities services for banks, investors and intermediaries. Mr. Goldstein previously spent 13 years at J.P. Morgan in a number of strategic, management and product development roles.

Mr. Ormaechea said: “We have seen a surge in demand from our clients for renminbi services, which we see as critical to our continued success both as a leading foreign exchange institution and as a trusted corporate banking partner. We are pleased that Evan will be bringing his unique breadth and depth of experience to this new role.”

Ms. Robins added: “Evan’s broad banking experience is a tremendous asset to our renminbi business, especially as the internationalisation of the renminbi continues to gain momentum and the currency becomes increasingly significant in global trade and cross-border investments. Deutsche Bank’s strong platform, comprehensive solutions and client-centric approach will position the bank to maintain its leadership in renminbi-related services.”