German lender Deutsche Bank announced a series of new hires to its wealth management unit in Singapore.

Earlier this year Deutsche's Asia private bank head Lok Yim flagged his intention of adding up to 50 new recruits in the region to support its growth strategy.

To this end Deutsche Wealth Management (Deutsche WM), has recently hired six more Singapore-based relationship managers covering clients in Southeast Asia.

A team of four, led by group head Jonathan Ng, joined Deutsche WM from BNP Paribas wealth management in Singapore. In his new role Ng reports to Kin-Mun Kwong, head of WM coverage, Southeast Asia, the bank said in a statement.

Mission Accomplished

A second team of two, led by Gregory Goh, joined Deutsche WM from Nomura in Singapore. Goh reports to Malcolm Tay, group head, Southeast Asia for Deutsche WM

In October Deutsche WM made two senior hires to strengthen its product platform as finews.asia reported at the time. With the latest additions Deutsche Bank WM claims it has already made more than 50 new hires in Hong Kong, Singapore and Dubai across client coverage, IT, Know-Your-Client, project management, operations and product platforms.