Deutsche Bank Asia-Pac CEO resigns

Singapore

DEUTSCHE Bank will soon lose its chief executive officer in Asia-Pacific - a business franchise that made up at least 10 per cent of the German bank's revenue in 2015.

Gunit Chadha has decided to leave the bank, with his last day on July 17, showed an internal message from Deutsche Bank's chief executive officer John Cryan to Asia-Pacific employees, as seen by The Business Times. No successor has been named.