Deutsche Bank has seen another key departure, this time in its Asian operations, with Guillaume du Cheyron parting ways with the lender after nearly three years with the group, Finance Magnates has learned.
Mr. du Cheyron originally joined Deutsche Bank back in 2013, having worked in multiple senior level roles at the group. While at the lender, he held the role of Director and Head of High Yield Capital Markets Southeast Asia Origination of Fixed Income, which saw him focus primarily on fixed income product transactions in the region.
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Another Void to Fill
Additionally, he was promoted to Head of High Yield Bond Origination and Execution, Asia at Deutsche Bank less than six months ago, a position he has now relinquished to pursue personal goals. He stepped into the new position after Deutsche Bank had undergone a global change in its debt capital markets (DCM) syndicate earlier this year.
Prior to joining Deutsche Bank in 2013, Mr. du Cheyron worked at Citigroup Global Markets Asia Limited as Director, focusing on capital markets origination in Asia, according to information made public on his Linkedin profile.
Deutsche Bank has been one of the biggest shakers of executives and personnel over the past year, with moves coming from top to bottom at the lender. The group has since embarked on an aggressive cost-cutting strategy that has eyed the loss of upwards of 35,000 workers, many of which are in London. Moreover, recent lackluster revenues have redoubled such efforts, which ultimately point to more cuts in the near future.