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Deutsche Bank Names New Head Of IPB For Southeast Asia

Amanda Cheesley

31 January 2023

has appointed Johanes Oeni as a managing director and head of the international private bank in South-East Asia. 

Based in Singapore, Oeni will join Deutsche Bank in April 2023 and report to Jin-Yee Young, head of IPB Asia Pacific. He will also join the IPB Asia Pacific executive committee, the bank said in a statement yesterday.

Shang-Wei Chow was previously the head of SEA, while Anurag Mahesh, vice chairman of Deutsche Bank international private bank APAC, served as the interim head.

The bank has made a number of senior hires recently. In November 2022, the German bank appointed former JP Morgan senior figure Esther Wong as managing director and group head of a wealth management team in Southeast Asia. In October, it announced the appointment of Jin Yee Young as head of the international private bank, Asia-Pacific.

Three decades
Oeni has more than 31 years of wealth management experience. Most recently he worked at Credit Suisse where he led the wealth management business in Indonesia and Malaysia. Prior to that, he spent seven years at JP Morgan and three years at Banque Indosuez. 

In his new role, Oeni will focus on expanding the IPB’s SEA business by growing coverage of ultra-high net worth individuals, entrepreneurs and their families. He will make use of the bank’s advisory platform to provide clients with wealth management solutions, focusing on wealth preservation and succession planning for UHNWs in conjunction with Deutsche Bank’s product suite across wealth management, the investment bank and the corporate bank for entrepreneurs and their companies.

Welcoming him to the firm, Young said: “Throughout his career, Johanes has demonstrated a successful track record in managing, leading, growing and nurturing teams of relationship managers and wealth management specialists. He has a detailed understanding of the needs of sophisticated clients in the region, and his deep market insights will accelerate the growth of our footprint in Asia Pacific.” 

Head of the IPB and CEO EMEA, Claudio de Sanctis, added: “We have strong ambitions to grow in Asia Pacific this year as we strive to become the leading financial institution for entrepreneurs and their families.”