The bank has hired a trio of experienced relationship managers to better cater to high net worth and ultra-high net worth clients in Southeast Asia.

Deutsche Bank Wealth Management is growing its team in Singapore with the appointment of Felicia Tan as director, team leader and Edmund Tee (pictured below) as vice president, effective November 22, according to an announcement on Monday.

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Edmund Tee (Image: Deutsche Bank)

Tee, with 17 years of experience, also joins from BNP Paribas WM, where he was a vice president. He previously held roles at CIMB Private Banking and Credit Suisse.

Tan, with 13 years of experience, joins from BNP Paribas WM where she was director, team head. She previously spent a decade at Credit Suisse. The pair report to Urs Brudermann, group head of Southeast Asia.

Indonesia Boost

The firm also added to its ranks in Indonesia with the appointment of Dita Darmawan as director, effective November 25. She reports to Ingrid Widjaja, group head of Southeast Asia.

Darmawan joins from UBS where she was a director. She was previously a director at Standard Chartered and a vice president at Barclays Bank. According to the announcement, the native Indonesian has a strong network and access to entrepreneurs locally and will capitalize on the firm's investment banking proposition to manage and develop business relationships in Indonesia.

Shang-Wei Chow, head of Southeast Asia, said the hires are part of the bank's expansion strategy in the region. «We will continue to make strategic hires to support our clients with differentiated solutions that meet their evolving needs at all stages of life,» Chow said.