The German bank continues to underpin its ambitions with the world's wealthy, adding the Swiss private bank's former top man in Singapore to its ranks.
Deutsche Bank is naming Dominique Jooris as Asia Pacific head of wealth solutions, effective immediately, it said in an emailed statement on Friday. Jooris was most recently CEO of Bank Pictet in Singapore, a job he left in January following a regional shakeup last year at the Geneva-based wealth manager.
Though Jooris is being hired into Deutsche's investment bank, he is key to the Frankfurt-based lender's desire to bolster its private banking arm. Claudio de Sanctis, Credit Suisse's former top private banker in Europe, defected to Deutsche in 2018 and took over its entire private bank outside of Germany shortly afterwards.
Wealth-Capital Markets Bridge
Jooris is a capital markets veteran who spent the bulk of his career in fixed income in Goldman Sachs including in London and Hong Kong. In the new job, he is coordinate coverage of large family offices, third-party private banks, and between Deutsche's own investment bank and wealth management activities, a spokeswoman for the bank said.
He will report both to Kevin Burke, who oversees institutional and treasury coverage in Asia-Pacific, as well as to Lok Yim, who runs Deutsche's wealth management activities in Asia.
