Dirk Lubig is the new head of global transaction banking and head of corporate cash management, Greater China at Deutsche Bank.

Lubig, who is based in Shanghai, replaces Mahesh Kini, who is leaving the bank. His next role has not been made public.

Lubig has been managing director at Deutsche Bank since 2013, when he joined from management consultancy Bain. He has previously held roles at Axa, Porsche Consulting, Lufthansa Consulting and Arthur Anderson.

Kini has been with Deutsche Bank since 2007, when he joined from HSBC. He was previously based in Singapore, working as regional head, cash management, for Asia Pacific corporates. He has also worked at Bank of America, ABN Amro and HDFC Bank.

Deutsche Bank’s Asian transaction banking operations have been in a continual state of flux in recent months. In November 2017, the bank lost Lisa Robins, Asia Pacific head of transaction banking, after six years in the role. She subsequently joined Standard Chartered as global head of transaction banking.

In August 2017, Atul Jain replaced Shivkumar Seerapu as head of trade finance and trade flows, Asia Pacific. He was promoted from regional chief operating officer for the bank’s transaction banking business in Asia Pacific.