Deutsche Bank Thai Finance Chief Quits

Deutsche Bank’s Thailand CFO Manfred Schmoelz is stepping down from his post, FinanceAsia reports. Schmoelz was in charge of local operations, employees and the bank’s relationship with Thai banking regulators, central bank and other institutions.

Prior to his role as CFO, he was based in Singapore as the bank’s head of corporate banking coverage for Asia Pacific. He is now likely to join Royal Bank of Scotland in a Singapore based coverage role.

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