Deutsche Bank has announced the appointment of Johanes Oeni as its managing director and head of the international private bank (IPB) in southeast Asia.

Oeni will join from Credit Suisse Group AG in Singapore in April, and will report to Jin-Yee Young, head of APB Asia Pacific and fellow Credit Suisse alum. The exec will also join the IPB Asia Pacific executive committee.

The executive will be charged with expanding the IPB’s southeast Asia business by growing coverage of Ultra-High-Net-Worth (UHNW) individuals. He joins with over 31 years of wealth management experience including seven years at JP Morgan, three years at Banque Indosuez and almost 30 at Credit Suisse.

Jin-Yee Young said, “We are delighted to welcome Johanes to Deutsche Bank to lead our Wealth Management business in South-East Asia. Throughout his career, Johanes has demonstrated a successful track record in managing, leading, growing and nurturing teams of Relationship Managers and wealth management specialists. He has a detailed understanding of the needs of sophisticated clients in the region, and his deep market insights will accelerate the growth of our footprint in Asia Pacific.”

Head of the IPB and chief executive EMEA Claudio de Sanctis said, “We have strong ambitions to grow in Asia Pacific this year as we strive to become the leading financial institution for entrepreneurs and their families. I warmly welcome Johanes to Deutsche Bank to help us further this ambition and wish him every success.”

Credit Suisse meanwhile has announced multiple personnel changes following several key departures in recent times. These include the appointment of Claude Harbonn, currently co-head of advisory and sales for Asia Pacific, as the new market group head for Malaysia and Indonesia; and Heinz Puth as market group head for Indonesia.

In a statement issued on Monday, Credit Suisse said: “Credit Suisse has many talented people and capable leaders who have grown with the firm over the years and are ready to take on greater responsibilities and new challenges.”

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