Deutsche Bank has lost its head of Equity Capital Markets (ECM) for Asia, excluding Japan, with the recent resignation of Neil Kell, the bank’s acting managing director, according to a recent Reuters report.
Last month, Deutsche Bank recruited Jeff Urwin as its newest co-head of Corporate Banking & Securities and Head of Corporate Finance – the appointment will also see him added as a member of the Group Executive Committee.
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Mr. Kell, has served as Deutsche Bank’s head of equity capital markets for Asia, excluding Japan, since February 2014, when he was promoted. During this time he was tasked with leading the bank’s ECM operations, whilst assisting Asian corporations in raising equity capital in the public and private markets.
He became the de-facto head of the Deutsche Bank’s ECM division nearly a year ago following the appointment of Ashok Pandit, as the bank’s head of sovereign wealth funds and institutional client coverage for Asia-Pacific (APAC).