CASH MANAGEMENT | Staff Reporter, Philippines

Deutsche Bank appoints Dave Fuentebella as head of global transaction banking, Philippines

He will report to Asia Pacific head of GTB Lisa Robins.

In a release, Deutsche Bank announced the appointment of Dave Fuentebella as Head of Global Transaction Banking (GTB) for the Philippines and Head of Trade Finance & Cash Management for Corporates (TF/CMC) in the Philippines, effective immediately.

Dave will report to Lisa Robins, Asia Pacific Head of GTB in his role as Head of GTB in the Philippines, to Arnd Weckes, Asia Pacific Head of Global Network Banking in his role as Head of TF/CMC in the Philippines, and locally to Enrico Cruz, Chief Country Officer for the Philippines.

Based in Manila, Dave will be responsible for driving the strategic growth of the Bank’s GTB business in the Philippines and for overseeing the TF/CMC business in this market. Dave will also become a member of the Executive Committee and the Asset Liability Management Committee at Deutsche Bank Manila.

Dave has over 15 years of experience in the banking industry. Throughout his career, he has held various corporate banking roles at Citi, Standard Chartered and Crédit Agricole, covering both the Large Local Corporates and Multinational client segments.

Commenting on this appointment, Lisa Robins, Asia Pacific Head of Global Transaction Banking at Deutsche Bank, said: “One of the key success factors of our GTB franchise is our people, and we are pleased to welcome Dave to our management team. This new appointment also underscores our strong focus on ASEAN countries, which will continue in 2013. We have high aspirations for our fast-growing business in this part of the region.”

Enrico Cruz, Deutsche Bank’s Chief Country Officer in the Philippines, added: “Dave brings with him a wealth of experience in Transaction Banking and Corporate Finance. I am confident that he will add significant value to our franchise in the Philippines and help deliver holistic solutions to our existing and new clients, leveraging our strong local platform and expertise.”  

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