Robert Rankin to head Deutsche Bank Asia Pacific ops

Deutsche Bank has announced the appointment of Robert Rankin as Chief Executive Officer, Asia Pacific (ex Japan) effective June 10, replacing Colin Grassie, who is returning to Europe. Rankin will report to Jurgen Fitschen, Member of Deutsche Bank's management board and aglobal head of regional management.

Rankin will be based out of Hong Kong.

Prior to joining Deutsche Bank, Rankin was Head of Investment Banking, Asia Pacific, at UBS. He was also a Member of the UBS Asia Pacific Management Committee and of the UBS Investment Banking Board, as well as Chairman of the Management Advisory Committee of the UBS Securities Joint Venture in China.