Deutsche Bank has made seven appointments to its institutional sales team for China, to focus on marketing global products to Chinese financial institutions. All appointments, which are effective immediately, will be based in Hong Kong and report to Wenbo Shao, head of the institutional client group (ICG) China.
Deutsche Bank’s Institutional Client Group covers financial institution clients in 14 markets across the Asia ex-Japan region.
Li Wei has been appointed a director of ICG China. Ms Wei joins from Citigroup, where she marketed investment products to Chinese financial institutions. She also brings seven years’ experience from NYSE Euronext, where she held a number of senior positions.
John Fei joins as a director of ICG China. Mr Fei was previously head of China Business Coverage with AIG Financial Products and a director at HSBC, where he managed fixed income sales and marketing in China.
Shibin Wang has been appointed vice president of ICG China. Mr Wang joins from Goldman Sachs where he worked in institutional sales, covering Chinese financial institutions and state-owned enterprises.
Deutsche Bank has also hired four associate and analyst-level professionals to join its ICG China team. Wei Wei, Lisa Yan and Rongmin Qin join Deutsche Bank’s onshore institutional sales team in Shanghai. Ji Wang joins Deutsche Bank’s offshore sales team in Hong Kong.
Shen Yan, co-head of ICG Asia, said: “Our new colleagues ensure we can maintain a high degree of service at a time when clients in China are becoming more sophisticated and global in achieving their investment and risk management objectives.”