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Deutsche Bank has appointed Vikas Arora as its Chief Country Officer and Head of Corporate Banking in the Philippines, effective October 1, subject to regulatory approval, according to Reuters.
Arora replaces outgoing Country Head Dino Siason, FinanceAsia reported.
Arora will lead Deutsche Bank’s business in the Philippines across corporate and investment banking and represent the group in the country.
He will report jointly to Kaushik Shaparia, the bank’s CEO for India and Emerging Asia, and Burkhard Ziegenhorn, Head of Corporate Banking for Southeast Asia and Australia.
Burkhard Ziegenhorn
“We are pleased he has returned to Manila and look forward to working with him to continue to advance Deutsche Bank in the Philippines,” Ziegenhorn said to Asset Servicing Times.
“Vikas has returned to the Philippines at an exciting time for our business and our clients.”
Arora joined Deutsche Bank in 1996 and has nearly three decades of experience across client coverage, trade finance, cash management, corporate banking and transaction banking in Asia and the Middle East.
His previous roles at the bank include Chief Country Officer in Sri Lanka and Head of Global Transaction Banking in the Philippines, where he was based from 2015 to 2018.
He most recently served as Head of Corporate Bank in Malaysia, and has since relocated back to Manila for this appointment.
Featured image: Edited by Fintech News Philippines based on an image by frolopiaton-palm via Magnific and Vikas Arora via LinkedIn.