Log In

 
Company : Deutsche Bank  
Monday, June 28, 2004 4:18PM IST (10:48AM GMT)
 
Deutsche Bank Appoints Rahul Raisurana Head of Credit Risk Management India
Mumbai, Maharashtra, India

Deutsche Bank today announced the appointment of Rahul Raisurana as Director and Head of Credit Risk Management, India. Mr Raisurana will be based in Mumbai and will report directly to Volker Kauschel, Regional Head of Corporate Credit located in Singapore. He replaces Douglas Neilson, Director and Head of Credit Risk Management for India, Pakistan, Sri Lanka, and Thailand, who will take up a new appointment at the Bank's London office. Mr. Neilson also held the post of Chief Country Officer for India for three years between 2000 and 2003.

Mr Raisurana has over 13 years of experience in the financial services industry and joins the bank from Moody's Investors Service in New York where he was a Vice President and Corporate Finance Specialist for the Americas' region. Before joining Moody's, Mr Raisurana spent over eight years in India primarily with Citibank's Corporate & Investment Banking Group, where he managed key relationships across industry categories. He holds a dual Masters degree from the US.

Mr Neilson, who has been based in India since 1997, said: "The last few years have been a most interesting and rewarding period for Deutsche Bank's business in India. We have expanded significantly and effectively, and the momentum in the growth of our business is accelerating. The Bank is very positive on the opportunities which the Indian market presents".

Announcing the appoin tment, Gunit Chadha Deutsche Bank India CEO said: "Doug has made a great contribution to the development of our business in India and the business has developed strong growth momentum as this year's 60% increase in Net Profit after tax clearly shows. Rahu l is taking over a very sound portfolio and his focus will be on further developing relationships in the market, and delivering our clients with financing and banking solutions that extend across the Bank's entire platform. "

About Deutsche Bank

With roughly Euro 878 billion in assets and approximately 66,900 employees, Deutsche Bank offers unparalleled financial services in 74 countries throughout the world. Deutsche Bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.

Deutsche Bank ranks among the global leaders in corporate banking and securities, transaction banking, asset management, and private wealth management, and has a significant private & business banking franchise in Germany and other selected countries in Continental Europe.

In Asia Pacific, Deutsche Bank has over 30 offices in 15 countries with more than 6,000 staff.
www.deutsche-bank.com


To view the photograph, click on the link below.

 
For News Release background on Deutsche Bank click here
 
 
 
Submit your press release
More News from Deutsche Bank

02/05/2005 11:30AM

Deutsche Bank - Now the Largest Foreign Exchange House in Asia and Globally

Deutsche Bank has become the largest foreign exchange trading bank in Asia, and globally, according to a major global market share survey undertaken by respected capital markets magazine, Euromoney. The Euromoney's ...

18/01/2005 3:00PM

Gunit Chadha to Join Deutsche Bank Asia Pacific Executive Committee

Deutsche Bank today announced that Gunit Chadha, Managing Director & Chief Executive Officer, India, will join Deutsche Bank's Asia Pacific Executive Committee effective January 1, 2005. In announcing the ...

01/12/2004 12:30PM

Castrol India Limited Streamlines Its Treasury Management with Deutsche Bank's Innovative Cash Management Solution

Deutsche Bank and Castrol India Limited have developed an innovative cash management solution, which has enabled Castrol to streamline its treasury management. According to the agreement, Castrol will use Deutsche ...

Similar News

24/05/2018 4:06PM

GCEL Releases G20 Nations Case Study Involving 90 Ministries, NGOs & IGOs Defining the Guidelines for the Digital Economy Era

GCEL, INSME, BVMW and CONFAPI executed a strategic agreement at the European Union Parliament to deploy the Digital Economy Platform (DEP) through GCEL’s HumaWealth Program that digitizes the USD 140 trillion B2B ...

No Image

23/05/2018 5:54PM

iCash Delivers It’s Proof of Trust Protocol, to Bring Trust and Assurance to Blockchain and Announces Token Offering

iCash has launched its Proof of Trust (‘PoT’) protocol and initial token sale offering (TSO). The PoT protocol creates the ability to add an assurance and validation layer to blockchain transactions and is ...

Multimedia Gallery
Mr Rahul Raisurana as Director and Head of Credit Risk Management, India