Deutsche Bank PB Expands Thailand Coverage

A former executive from Julius Baer’s onshore Thailand joint venture has joined the private wealth unit of Deutsche Bank, finews.asia has learned.

Deutsche Bank Private Bank has appointed Penluck Sriboonruang as vice president in the Thailand team, according to an internal memo seen by finews.asia. Based in Singapore, she reports to Paul Handley, Southeast Asia market head.

Sriboonruang has over seven years of combined experience at Thailand joint venture SCB-Julius Baer, where she was a senior private banker, and Bangkok-based Siam Commercial Bank, where she was a team leader.

A spokesperson for the bank confirmed the contents of the memo.