Deutsche Bank has named Hans-Dieter Holtzmann as chief country officer and head of global transaction banking in Vietnam.
A one-time economic adviser to former German chancellor Helmut Kohl, Holtzmann has worked for the bank for 20 years, most recently as head of public sector in Germany.
Werner Steinmueller, head of Asia Pacific for Deutsche Bank, said the firm's Vietnamese franchise has shown profitable growth lately. “This is why last year we significantly increased our capital base in this market, providing the bank with more resources to support our clients’ activities,” he said.
Deutsche Bank has operated in Vietnam since 1992 and employs 70 staff there. Earlier this year, the bank moved its office into Deutsches Haus, a new hub in Ho Chi Minh City for German business.
The bank claimed it is one of the largest market access providers to institutional and retail investors in Vietnam.
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