Deutsche Bank strengthens Southeast Asia wealth leadership

Deutsche Bank’s Private Bank announced the appointment of Jennifer Tay as vice chairman, Southeast Asia, reinforcing its private banking expansion and senior client coverage in one of the world's fastest-growing wealth markets.

Tay's appointment represents an important strategic hire for the private bank’s Southeast Asia franchise, underscoring its commitment to invest in senior talent to support the next phase of growth. She will report to Johanes Oeni, head of Southeast Asia, effective 3 August.

Joining from Citibank with more than two decades of experience, Tay is a deeply respected veteran in wealth management and client coverage across the Southeast Asia region. Most recently at Citi, Tay served as market executive - Singapore, Malaysia, Philippines, Australia New Zealand and Asia South Investment Counselling head, where she played a key role driving client engagement, business growth and strategic initiatives. While leading this business she also handled a number of UHNW platinum clients in the Singapore and Indonesia markets.

Tay brings vast banking and wealth management experience, including in managed investments sales and investment and portfolio counselling, and leading teams spanning Singapore, Hong Kong, the Middle East and London. During her institutional banking career, she also worked with institutional and sovereign wealth clients. Tay holds a Bachelor of Business Administration with honours from the National University of Singapore.

In her new role with Deutsche Bank, Tay will work closely with Johanes Oeni’s Southeast Asia leadership to strengthen engagement with key clients, provide senior coverage, and support the continued growth of One Bank Solutions and its important role in the strategic success of Deutsche Bank as the Global Hausbank.

Marco Pagliara, head of emerging markets, said: “Our ability to continue attracting highly respected bankers like Tay reflects the strength of our platform, the momentum of our business and the opportunities we offer senior coverage and clients. Tay’s extensive network, proven leadership and deep knowledge of our region, will be invaluable as we expand coverage and deliver client solutions.”

Re-disseminated by Wealth and Society