Deutsche Bank has made two senior additions to its trade finance teams in Japan and South Korea.

Masahiro Goda has been named head of trade finance and working capital advisory after leaving his role with Mizuho in Singapore. He was most recently executive director for global trade finance for the city state.

Jae-Sun Rah has been appointed head of trade finance and working capital advisory for South Korea. He joins from Citi, where he was most recently trade product head for trade and treasury solutions in Korea.

Both men report to Shivkumar Seerapu, head of trade finance and working capital advisory for Asia Pacific.

Seerapu says: “South Korea and Japan have been successful franchises for us and we will continue to build on our strategy to serve our large Korean and Japanese clients globally and our global multinational clients in these key markets. Both are relatively mature markets with large sophisticated clients who need complex solutions, an area of particular strength for us. These hires demonstrate our commitment and aspirations in these markets and to this business.”