Deutsche Bank names new finance heads in Asia: Sources

HONG KONG (BLOOMBERG) - Deutsche Bank has filled newly created corporate finance positions in the Asia-Pacific region as part of a restructuring plan, according to a person familiar with the matter.

This week, Mr Oliver Brinkmann was named head of corporate finance for North Asia, and Mr Sreenivasan Iyer was appointed head of corporate finance for South-east Asia, the person said, asking not to be identified as the information is private. Mr Jason Cox, who previously was with Bank of America Corp, became co-head of equity capital markets for Asia-Pacific.

Deutsche Bank said in October it would restructure its divisions and management this year amid a wide-sweeping change of reporting lines. The Frankfurt-based lender is splitting its corporate banking and securities unit in two and creating a new division, called Corporate and Investment Banking.

Moves confirmed:

Brinkmann will also be the co-head of corporate finance for China, along with Lan Chen, and Cox will co-head Asia-Pacific equity capital markets with Kefei Li, reporting to global ECM co-head Mark Hantho. Mr Michael West, a Hong Kong-based spokesman for the bank, confirmed the appointments.

Separately, Mr Sumeet Puri, Deutsche Bank's Hong Kong-based head of ECM syndicate for Asia, has left the firm, people with knowledge of the matter said.

Other appointments:

* Sanjay Agarwal was named executive chairman for India corporate finance, while Amit Bordia became India corporate finance head.

* Bruce MacDiarmid and James Roth were appointed co-heads of corporate finance for Australia.

* Simon Roue will continue to oversee Japan corporate finance business until a successor is appointed.