Deutsche Names APAC FX Co-Head
Posted by Colin Lambert. Last updated: September 15, 2022
Deutsche Bank has unveiled Ruchir Sharma as co-head of global foreign exchange for Asia Pacific. He will be based in Singapore and joins with effect from 15 September 2022.
The appointment follows that of Darren Boulos, who was named as co-head of FX for APAC in June and is based in Sydney. Both appointments follow that of Lee Merchant, former head of GFX APAC, who relocated to London as Deutsche Bank’s global head of spot trading in April as part of a wider shuffle of global responsibilities.
Sharma joins from Credit Suisse in Singapore, where he was head of APAC FX trading for almost 13 years. Prior to that he worked at Bank of America for over four years as head of emerging markets exotic derivatives. Sharma started his career where is now heading, at Deutsche Bank, where he worked for over two years in the exotics derivatives team in Singapore.
“It is an exciting time for us to have co-heads to drive this fast-growing franchise across our global forex centres, in Singapore and Australia,” says Russell LaScala, Deutsche Bank’s global head of FX. “Ruchir brings a strong track record and unique blend of expertise, from FX trading to building businesses. Together with Darren, he will be instrumental in providing high-quality service to our clients and ensuring the continued success of Deutsche Bank’s FX platform.”