Deutsche Bank has appointed Frank Wu as head of trade finance and cash management, corporates for Greater China.
Wu will be responsible for leading Deutsche Bank’s strategic growth plans for trade finance and cash management with an emphasis on targeted market expansion and product roll-outs.
Based in Shanghai, he will report regionally to Kaushik Shaparia, head of trade finance and cash management corporates, Asia.
Wu was previously Deutsche Bank’s head of structured trade and export finance, China.
Before joining the bank in 2008, Wu worked at Standard Bank as director and head of metals and mining for China.
Lisa Robins, Deutsche Bank’s head of global transaction banking, Asia says: “China is a key engine for growth for the bank’s global transaction banking franchise. Frank’s appointment will ensure that the synergies across mainland China, Hong Kong and Taiwan are leveraged to support our clients’ needs and their growth potential.”