HONG KONG Oct 11 Deutsche Bank AG
has appointed Lok Yim as the head of its Asia Pacific wealth
management division with immediate effect, a spokeswoman for the
business said in an emailed statement on Tuesday.
Yim, who joined Deutsche Bank in 2007 and was most recently
its head of wealth management in North Asia, replaces Ravi Raju,
who has decided to pursue external opportunities after nearly 10
years at Deutsche Bank, the statement said.
Reuters earlier reported that Raju, who played a key role in
building Deutsche Bank's wealth business in the region, was
leaving Germany's largest lender to join UBS Group AG.
Anurag Mahesh, Deutsche's global head of key client partners
in wealth management is also leaving, the bank said, adding it
would announce his replacement in due course.
(Reporting by Sumeet Chatterjee; Editing by Alexander Smith)