Commerzbank has made two new appointments to serve its global financial institutions network and international corporates franchise.
Joerg Motel becomes new Country CEO ASEAN and Head Corporates International, Singapore. Jochen Mueller succeeds Joerg Motel as Head of FI Asia and Latin America, based in Frankfurt
Joerg Motel most recently held the post of Head of FI Sales Asia – responsible for covering the Indian Subcontinent, Greater China, ASEAN and Korea. Having previously worked in Hong Kong and headed relationship management with financial institutions for LBBW (Landesbank Baden-Württemberg), Motel has been with Commerzbank since 2008.
“Leading the Corporates International team, my aim is to establish personal relationships with our corporate clients and increase our footprint and business in Singapore and ASEAN,” says Motel. “Competition is fierce, but many local companies have German and European backgrounds or trading relationships, so we can leverage Commerzbank’s strong market position in our European core markets. We are seeking to provide sector expertise, and offer a good balance of products.”
Jochen Mueller brings more than 10 years of experience of covering financial institutions for international investment banks. Having joined Commerzbank in 2011, he was most recently Country Manager UK Corporates in the Corporates International division – based in Commerzbank’s London branch – a position he took up in 2013. Prior to this role he was Head of Commerzbank’s M&A in Group Development.
“Our Asian and LATAM networks are very important parts of both our global FI franchise and our corporate client business,” comments Mueller. “My role is to focus on expanding and deepening our FI coverage in Asia and Latin America by leveraging our exciting footprint and the experience of our great teams of relationship managers, local representative offices and product specialists. I’m particularly keen to further strengthen our suite of capital markets solutions for our FI client base.”
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