Tuesday, July 31, 2012

Deutsche Bank appoints veteran Ravneet Gill as India CEO

MUMBAI: The largest German lender Deutsche Bank today elevated Ravneet Gill as the country chief executive of its operations here after his predecessor Gunit Chadha was moved to a larger management role in June.

Prior to his appointment as the chief executive, Gill headed the capital markets and treasury solutions, and oversaw the successful integration of corporate treasury sales, debt capital markets and corporate banking coverage in the country, the German lender said in a statement.

Chadha, under whom the India operations became the fifth largest unit for Deutsche globally, was in June elevated as co-chief executive of Asia Pacific along with Alan Cloete.

Gill, who will be reporting to Chadha and Cloete, will oversee all of Deutsche Bank's businesses here, including corporate banking and securities, global transaction banking, private and business clients and asset and wealth management, the foreign private lender said in a statement issued here.

Gill, a Masters degree from the Delhi University, has over 26 years experience in the banking sector and joined the German bank in 1991 at the private wealth management and moved to the corporate banking division in 1993.

In 2003, he took over as head of corporate banking coverage and held the position till December 2008 when he was appointed head of coverage for global markets and built a dominant flow franchise to compliment the platform's structured products' capabilities.

Last year, Gill took over as head of capital markets & treasury solutions.

Source: http://economictimes.feedsportal.com/fy/8av2Fvy0cS8M02qo/story01.htm

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