Jain's appointment is effective immediately. Based in Singapore, Mr. Jain will be responsible for leading the trade finance business in the region, and for driving the execution of the business’ strategy.
In his new role, Mr. Jain will report to Daniel Schmand, Global Head of Trade Finance, and Michael Dietz, Global Head of Trade Finance Flow. He will also regionally report to Lisa Robins, Asia Pacific Head of Global Transaction Banking.
Mr. Jain was most recently Regional Chief Operating Officer for Deutsche Bank’s Corporate & Investment Banking division and Global Transaction Banking business in Asia Pacific. Prior to this, he was Deutsche Bank’s Acting Regional Head of Group Strategy in Asia Pacific, and began his career in the U.S. with Deutsche Bank's Global Corporate Finance business.
Deutsche Bank’s Lisa Robins, said: “We are delighted to see Atul taking on this new role. With his deep understanding of the transaction banking business in the region and his leadership qualities, I am confident that he will be very successful.”
Daniel Schmand added: “With Atul at the helm of our Asia Pacific business, we hope to build on our momentum in the region and to continue to serve our growing client base with best-in-class solutions.”
Michael Dietz added: “Atul’s deep understanding of trade finance will bring a new dimension to the way we operate, which will be very beneficial as we need to adapt to the global environment. I look forward to working with him.”
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