As Chief Country Officer, Mr. Krings will have responsibility for all of Deutsche Bank’s businesses lines and employees in Thailand and relationships with regulators and other institutions, as well as being a key interface with clients. He will report to Robert Rankin, Chief Executive Officer for Asia Pacific (ex Japan).
Announcing the appointment Robert Rankin said, “Frank brings significant depth of global financial services experience and expertise to the region and to Thailand. He is very well placed to lead our rapidly expanding business in Thailand, which is an important part of the bank’s regional growth strategy.”
Mr. Krings rejoined Deutsche Bank after serving as Member of the Management Board and Chief Operating Officer at Munich based Hypo Real Estate and Deutsche Pfandbriefbank from October 2008 through December 2010.
He previously spent 12 years with Deutsche Bank in Frankfurt and New York, where he was most recently the Group’s Chief Operating Officer Europe and Member of the Management Committee Germany as well as the Global Chief Operating officer of Regional Management and a member of the Regional Management Executive Committee. Mr. Krings also served on the statutory boards of several of Deutsche Bank’s subsidiaries and affiliates across Europe and held senior management positions within internal M&A and strategy groups.
With more than 30 years of onshore presence in Thailand, Deutsche Bank offers a comprehensive range of financial services in-country and employs some 140 staff. The Bank’s highly successful Markets business is deeply embedded into local markets and includes sales, trading and research in foreign exchange, fixed income, commodities, credit, equities and derivatives. Deutsche Bank also successfully operates across the traditional corporate and investment banking businesses including corporate finance, merger and acquisition advisory, debt and equity origination, domestic custody services, trade finance and cash management. The bank also has a substantial Private Wealth Management and Asset Management capability in the region.
For further information, please contact:
Deutsche Bank AG
Amy Chang
Phone: +852 2203 8434
E-Mail: [email protected]
About Deutsche Bank
Deutsche Bank is a leading global investment bank with a substantial private clients franchise. Its businesses are mutually reinforcing. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With more than 100,000 employees in 73 countries, Deutsche Bank offers unparalleled financial services throughout the world. The bank competes to be the leading global provider of financial solutions, creating lasting value for its clients, shareholders, people and the communities in which it operates.
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