Deepan Dagur has been named head of trade finance and cash management, Asia, at Comerzbank.

Dagur is based in Singapore, reporting to Nick Johnson, regional board member for Asia, and March Kirchhoff, global head of trade finance and cash management.

He replaces Brigitte Volz, who took over a new role in the operational development group. He joins from ANZ, where he spent five years in various senior transaction banking roles. He previously worked with Standard Chartered, consultancy Bain and Company, investment bank Salomon Smith Barney and UBS Warburg.

Nick Johnson says: “With Deepan’s experience and a profound product, regional and client expertise, his addition to the team will add considerable value as we continue to expand Commerzbank’s footprint in Asia, where we see increasing inbound trade flows from the rest of the world.”