The two appointments were made to help drive the bank's growth in the region, with Strategic Lending a core capability for its wealth management business in emerging markets.

Deutsche Bank has announced two senior appointments at its wealth management unit in Asia Pacific, with June Wong named Head of Emerging Markets Lending and Tony Tan (pictured below) named Head of Strategic Lending, Asia and head of Southeast Asia and Global South Asia Lending, both effective 1 May.

The pair report to Arjun Nagarkatti, managing director, Global Head of Lending, who is based in London.

Risk Specialist Promoted

Wong replaces Alek Pfajfer, who left the bank in December to pursue external opportunities, the statement said. She will continue to be based in Hong Kong, where she is currently director and regional head of wealth management risk, APAC. 

She has been with the firm for eight-and-a-half years, and joined as a senior credit officer in 2011. Previously, she was executive director, credit risk and advisory at Goldman Sachs, based in London and Hong Kong for nine years.

Expanded Role to Build Strategic Lending

tony tan deutsche bank

Tony Tan, Head of Strategic Lending, Asia & Head of South East Asia and Global South Asia Lending

Tan, currently managing director and head of Strategic Lending Asia and Head of Lending SEA & SA, has played an instrumental role in driving growth in the region, Deutsche Bank said. He will be given an expanded role that will allow him to further build the firm’s Strategic Lending capabilities across the region.

Based in Singapore, he will work closely with Mitch Matharu, Global Head of Strategic Lending, to help drive the firm’s proposition around the world.

Before joining Deutsche Bank in December 2017, Tan worked for Nomura for five years as executive director, principle finance group, investment banking Asia ex-Japan, according to his LinkedIn profile.