Deutsche Bank (China) Co Ltd. today announced the appointment of Anthony Lin as Head of Corporate Bank (CBC) and Trade Finance & Cash Management for Corporates (TF/CMC) in China, effective February 2014.
Based in Shanghai, Anthony will report regionally to Oliver Brinkmann, Greater China Head of Capital Markets & Treasury Solutions and Kaushik Shaparia, Asia Pacific Head of Trade Finance & Cash Management for Corporates; and locally to Carl Wegner, Greater China Head of Global Transaction Banking. Anthony will be responsible for driving the growth strategy of Deutsche Bank’s corporate banking business in China.
Prior to joining Deutsche Bank, Anthony was Head of Transaction Banking at Standard Chartered Bank (China) Ltd. In this role, he covered trade finance, supply chain finance, cash management and securities services offered to corporate and institutional clients in China. Anthony was also General Manager of Standard Chartered Bank’s Shanghai branch, responsible for corporate governance and overall business management. Before taking these business management roles, Anthony was Head of Origination & Client Coverage for East China. Throughout his career at Standard Chartered Bank, Anthony specialised in credit, sales, products and risk management, and was initially based in Hong Kong.
In commenting on this appointment, Kaushik Shaparia from Deutsche Bank said: “With the ongoing internationalisation of the RMB, our TF/CMC business in China has grown exponentially, not only from multinational companies doing business in China, but also from Chinese corporates going abroad. This market continues to be a growth engine for our Asia Pacific franchise, and beyond. Anthony’s solid experience in transaction banking in China will be invaluable.”
Oliver Brinkmann from Deutsche Bank added: “Now more than ever, corporates operating in China are looking to their banking partners to help effectively manage their treasury-related requirements. The opening-up of China offers many new and exciting ways to manage cash, currency and interest rate risks. Deutsche Bank is well positioned to support its corporate clients in achieving these objectives. The depth and strength of Anthony’s relationships in China will be a tremendous asset to our corporate banking coverage platform in the region.”