Deutsche Bank names new emerging markets managed investments head
Deutsche Bank has hired Cynthia Lai, a former Citigroup and JP Morgan executive, as the head of managed investments for emerging markets.
Lai will report to Vivienne Chia, global head of investment solutions.
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Her remit includes the further development of Deutsche Bank’s managed investments offering in emerging markets, the bank announced in a LinkedIn post.
Vivienne Chia said: “Cynthia’s appointment, along with the integration of mandates, funds and alternatives specialists represents an important step in advancing our Investment Solutions strategy and further strengthening our franchise across Emerging Markets.”
Michael Ostro, head of alternatives specialists emerging markets, is part of Lai’s team. Ostro recently joined the bank in Singapore.
The appointment follows the introduction earlier this year of Private Bank’s Investment Solutions operating model.
The structure uses competency centres focused on product ownership, regional coordination, and specialist coverage for clients.
Lai joins Deutsche Bank with more than 20 years of wealth management experience, most recently at Bank of Singapore.
Lai said: “It is a privilege to join the Deutsche Bank family at such an exciting time, as we continue to strengthen our Investment Solutions capabilities and bring the best of our expertise to our clients.
“I am particularly excited to work alongside such talented colleagues across the region and look forward to building strong partnerships, learning from one another, and leveraging our collective strengths to further enhance our investment solutions offering across Emerging Markets.”
