Deutsche Private Bank Hires Private Banking Veteran Shankar Jha as Group Head of Global South Asia Team, Sachin Thussu as Investment Advisor
17th September 2021 | Singapore
Deutsche Private Bank is growing its South Asia team, with the hiring of private banking veteran Shankar Jha as Managing Director and Group Head of Global South Asia team in Singapore and reporting to Amrit Singh (Head of Global South Asia, Deutsche Bank Wealth Management). Shankar Jha has over 20 years of private banking & wealth management experience, including DBS Private Bank, UBS and Citibank covering Singapore, Southeast Asia, the Middle East, India and the United Kingdom. Deutsche Private Bank also announced the hiring of Sachin Thussu as Director and Senior Investment Advisor in Singapore, and will report to Ritesh Goenka (Head of Investment Management Global South Asia). Sachin Thussu has over 20 years of experience cross financial markets (FX and precious metals) and cross asset advisory, including DBS Private Bank, Credit Suisse, Standard Chartered Private Bank and Citibank, across desks in London, Zurich & Singapore, and covering clients ranging from private wealth to quasi-institutions.
“ Deutsche Private Bank Hires Private Banking Veteran Shankar Jha as Group Head of Global South Asia Team “
Shankar Jha Deutsche Bank WM, Managing Director and Group Head of Global South Asia Team
- Managing Director and Group Head of Global South Asia team
- Based in Singapore and report to Amrit Singh, Head of Global South Asia of Deutsche Bank Wealth Management
- Over 20 years of private banking & wealth management experience
- DBS Private Bank, UBS and Citibank covering Singapore, Southeast Asia, the Middle East, India and the United Kingdom
Sachin Thussu, Deutsche Bank WM Director and Senior Investment Advisor
- Director and Senior Investment Advisor
- Based in Singapore and report to Ritesh Goenka, Head of Investment Management Global South Asia
- Over 20 years of experience cross financial markets (FX and precious metals) and cross asset advisory
- DBS Private Bank, Credit Suisse, Standard Chartered Private Bank and Citibank, across desks in London, Zurich & Singapore, and covering clients ranging from private wealth to quasi-institutions.
Amrit Singh, Deutsche Bank Wealth Management Head of Global South Asia Wealth Management:
“With Shankar and Sachin’s strong experience in serving sophisticated clients in the region, we can further support our clients. At Deutsche Bank Wealth Management, we value the importance of the GSA market to the Bank’s Asia strategy, and will continue investing.
Building on our success in the region, we are confident that their joining can further strengthen our capabilities in the region and increase the support for our clients with differentiated solutions that meet their evolving needs at all stage of their life.”
Deutsche Private Bank Expands Global South Asia Team
In 2021, Deutsche Private Bank Global South Asia team has already hired 14 Relationship Manager in Dubai, Geneva, and Singapore, including Dhananjay Rathore and Shankar Jha as Managing Directors, Richard Van-Dirmen, Hervé Alykhan Ladak, Randeep Singh and Harshin Shah as Directors. Dhananjay was previously with Julius Baer, and Shankar was with DBS prior to joining the Bank. 3 investment advisors have also joined the team in Dubai and Singapore. In India, the team has hired four Relationship Managers, including Rajasekar Ayyalu joining as a Director.
Deutsche Bank:
- Deutsche Private Bank Hires Divik Maheshwari as Senior FX Advisor & Team Lead of FX Advisory Southeast Asia
- Deutsche Private Bank Hires Former Credit Suisse Alania Concepcion as Team Head of Investment Management Southeast Asia
- Deutsche Private Bank Hires Dominique Jooris as Head of Wealth Solutions APAC, Advise Family Offices, Billionaires & UHNWs
- Deutsche Private Bank Hires Credit Suisse Urs Brudermann as Group Head of Southeast Asia, 2 Senior Private Bankers Shawn Ngoh & Pichaya Prawanmeet
- Deutsche Bank Reports Q2 $1.42 Billion Profit, $40 Billion Net Asset Inflow from Private Banking & Asset Management
- Deutsche Bank Hires Terence Leong as Group Head South East Asia Wealth Management, 3 HSBC Private Bankers
- Deutsche Private Bank Launches 4 Funds with Regular Income Using ETFs, AUM at $4.1 Billion
- Deutsche Bank Launches ESG Centre of Excellence in Singapore
- Deutsche Bank Survey: 75% of Private Bank Clients View Investments Should Have Positive Impact to the World
- Malaysia Sues JP Morgan, Deutsche and Coutts for $2.93 Billion, Receives $452 Million from United States
- Deutsche Bank to Create $281 Billion International Private Bank
More:
- 2020 List of International Private Banks in Hong Kong
- 2020 List of International Private Banks in Singapore
- 2020 Top 10 Largest Family Office in the World
- 2020 Top 10 Largest Multi-Family Offices in the World
About Deutsche Bank International Private Bank
Deutsche Bank’s Private Bank corporate division combines the private banking expertise of the market-leading Deutsche Bank and Postbank brands in Germany with the global network of the International Private Bank (IPB). This includes IPB’s global business with high net worth individuals and SMEs.
The Private Bank provides high-quality financial services from a single source. These range from comprehensive services for private customers and support for demanding entrepreneurs and their families, to solutions for SMEs in important Eurozone markets and India.
The Private Bank is one of the four pillars of Deutsche Bank, along with the Corporate Bank, Investment Bank and DWS, the institution’s asset management unit. Deutsche Bank is a leading bank in Germany with a global network and strong European roots.
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