By Innovative Investor
20/04/2009
Deutsche Bank Private Wealth Management (PWM) has strengthened its operations in Asia Pacific, appointing Anil Venuturupalli as chief operating officer Asia Pacific and Mark Smallwood as head of wealth management solutions Asia Pacific.
Venuturupalli will provide regional oversight for PWM infrastructure functions, including human resources, operations and technology. He was previously based in the United States with Deutsche Bank PWM and will join the Asia Pacific team on 16 April. He will report locally to Ravi Raju, head of PWM Asia Pacific and globally to Carsten Schildknecht, PWM global chief operating officer (COO).
Smallwood has relocated to Singapore from Deutsche Bank PWM in Geneva, where he was global head of insurance solutions and responsible for cross-border insurance planning and delivering onshore insurance solutions to PWM's European clients.
While retaining this responsibility, He also takes on the newly created role of head of wealth management solutions Asia Pacific, with immediate effect. In this role he is responsible for leading the wealth planning teams in Singapore and Hong Kong, who focus on creating wealth preservation and succession solutions for Deutsche Bank's PWM clients in Asia Pacific. He will also provide regional oversight of Deutsche Bank's Singapore-based trust company to ensure that the interests of PWM's clients are represented at the trustee level. Mr. Smallwood is a full member of the Society of Trust and Estate Practitioners.
Commenting on the appointments, Raju said: "The calibre of these appointments clearly demonstrates our commitment to advancing Deutsche Bank's position as a leading private bank, providing latest products and services to better serve the needs of our clients."
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