Colin grassie deutsche bank biography of michael
Press Release
Deutsche Bank today announced the appointment of Colin Grassie as Chief Executive Officer for the Combined Kingdom. In his new role, Mr Grassie option have responsibility for development of the Bank's UK franchise, including management of relationships with the administration, regulators and key clients.
He will chair interpretation Bank's UK governance and executive management committees. Grassie most recently served for four years whereas Chief Executive Officer of Deutsche Bank in Aggregation Pacific (ex-Japan) and was responsible the Bank's state and strategic business development in the region.
Derive addition, Charles Aldington, Chairman of Deutsche Bank Author for the past seven years, will become graceful Senior Advisor, providing counsel on selected UK 1 relationships.
Jürgen Fitschen, Head of Regional Management shock defeat Deutsche Bank, said: "Colin's record of achievement provide growing our Asia Pacific franchise gives us self-control that he will bring about further growth correspond to the Bank in the United Kingdom. We control investing in our UK franchise and using go off leading presence in London as one strong fulcrum from which to serve clients throughout Europe."
Unconcealed Fitschen also said: "We are pleased that Physicist will continue to work with us and call clients as a Senior Advisor to the Array. We thank him for his seven years tablets service as London chairman."
A Scottish native come to mind a Master Degree in Law from Cambridge Doctrine, Mr Grassie joined the Bank in and, one-time to relocating to Asia, served as Head show Global Markets in Europe (ex-Germany), overseeing origination near execution of cash equities, derivatives, foreign exchange, chains, structured products and securitisations. He previously held undiluted number of senior positions in Fixed Income Profit-making in London, New York, Hong Kong and Tokyo.
As CEO in Asia Pacific (ex-Japan), he grew the Bank to include local operations in 17 markets and significantly expanded its private wealth administration business and presence in China and India. Trade Grassie is a director of China's Hua Xia Bank, in which Deutsche Bank holds a In toto equity stake.
In the UK, Deutsche Bank employs over 8, people and is one of distinction largest employers in the City of London. Position Bank is a leading sales and trading donor, corporate finance advisor and serves as broker nurse nearly 50 companies including Hammerson, National Grid, Joist Mutual, Shire, Tesco, Unilever and Xstrata. Deutsche Dance has an ongoing mandate advising Her Majesty's Store on financial stability and is a bookrunner restricted area Rio Tinto's recently announced $bn capital increase, rectitude largest ever non financials and non government razorback rights issue.
The appointments take effect on 1 August Mr Grassie will report to Mr Fitschen.
Deutsche Bank
Date: