(BRIEF) Deutsche Bank has appointed Rodolfo ML Siason (Dino) as Country Manager and Head of Corporate Banking for the Philippines, effective April 1, 2024, pending regulatory approvals. Siason will oversee the bank’s operations in the Philippines, adding investment and banking, as well as a key service hub in the Asia-Pacific region. He replaces Michael Chua, who is retiring after nearly 30 years in the banking industry. Siason brings more than 20 years of experience in monetary institutions, having previously worked at Citibank in positions. Deutsche Bank aims to continue its expansion in the Philippines, a market in which it has been present since 1977. In 2023, it won multiple awards for its installations in the country.
(PRESS RELEASE) FRANKFURT, Jan. 19, 2024 — /EuropaWire/ — Deutsche Bank (XETRA: DBKGn. DB / NYSE: DB), Germany’s leading multinational investment bank and monetary firm, announced the appointment of Rodolfo ML Siason (Dino) as Country Director and Head of Corporate Banking for the Philippines, effective April 1, 2024, pending regulatory approvals. Siason will oversee Deutsche Bank’s extensive platform in the Philippines, which has 1,500 employees. His day-to-day work will focus on corporate and investment banking, as well as one of the bank’s most important service centers in the Asia-Pacific region, supporting important mid- and secondary jobs globally. Siason will succeed Michael Chua, who is retiring after roughly three decades in the banking industry. During Chua’s tenure as CCO, Deutsche Bank’s Philippine business recorded a really significant profit expansion and executed several landmark transactions.
Reporting directly to Burkhard Ziegenhorn, Head of Corporate Banking for Southeast Asia and Australia, and Kaushik Shaparia, Managing Director, Emerging Asia and Country Manager India, Siason brings more than two decades of experience in monetary institutions to his new role. approximately 18 years at Citibank in roles in the Philippines, Singapore and the Czech Republic, culminating in his position as Citi’s Head of Treasury and Business Solutions for the Prague-based Central Europe group. Throughout his career, Siason has held a variety of roles spanning credit, consumer policy, and franchise management, with a focus on facilitating global consumer expansion. It will move to Manila.
Burkhard Ziegenhorn expressed confidence in Siason’s ability to take Deutsche Bank’s corporate bank in the Philippines to greater heights, noting that “Dino will play a leading role in taking our corporate bank in the Philippines to the next level. His global consumer policy and product expertise, combined with his deep knowledge of the local market, will help further differentiate Deutsche Bank in the Philippines. We thank Mike for his committed leadership within the bank; It restores a solid platform, in a position to achieve greater success. We’ve built many acceptance and price relationships here over the next few decades, and I’m sure Dino will improve and expand them especially in the years to come.
Kaushik Shaparia highlighted Deutsche Bank’s 48-year history of commitment to the Philippines and its determination to thrive in this increasingly vital market. Shaparia said, “We are proud of our 48-year history in the Philippines and decided to expand into this increasingly vital market. We are thrilled that our strong platform has attracted high-quality talent like Dino, and we look forward to seeing him lead our increasingly strong franchise in the Philippines. “
Deutsche Bank established its presence in Manila in 1977 and received a full advertising banking license in 1995. In 2023, the bank was identified through Euromoney as the “Best Trade Finance Service Provider” for the sixth consecutive year and the “Best Cash Management Service Provider”. . for businesses. ” In addition, The Asset awarded Deutsche Bank the name of “Best National Custodian” for the sixth consecutive year and identified it as “Best Multinational Company in Treasury and Working Capital”.
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Deutsche Bank offers retail and personal banking, corporate and transaction banking, lending, asset and wealth management, and investment banking products specific to individuals, small and medium-sized enterprises, corporations, governments, and institutional investors. Deutsche Bank is the leading bank in Germany with strong European roots and a global network.
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SOURCE: Deutsche Bank AG
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