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People moves news

Deutsche Bank recruits Andrew Cheng for agent lending


23 July 2013 Hong Kong
Reporter: Mark Dugdale

Generic business image for news article
Image: Shutterstock
Deutsche Bank has appointed Andrew Cheng to the role of regional product head for agency securities lending in Asia Pacific.

Based in Hong Kong, Cheng will be responsible for steering the bank’s agency securities lending products and expanding its franchise in Asia Pacific.

“We are keen to build on our success in Asia and, with his 15 years of industry and client experience in the region, Cheng is the right person to help us do so,” commented Deutsche Bank's Fredrik Carstens. “[His] appointment in this newly-created role underlines the bank’s commitment to the continued growth of the region.”

The bank has recruited three agency securities lending specialists in the last 12 months—Nigel Brill for the Middle East, Stuart Thompson for Scandinavia and Guy Moritz for the Americas.
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