Deutsche Bank TSS Dominates APAC Awards with 33 Wins and Custodian Banker of the Year Honor

Deutsche Bank TSS Dominates APAC Awards with 33 Wins and Custodian Banker of the Year Honor

(IN BRIEF) At The Asset Triple A Sustainable Investing Awards 2025, Deutsche Bank’s Trust and Securities Services reaffirmed its leadership in the Asia Pacific by winning 33 awards. Anand Rengarajan was named “Custodian Banker of the Year” for his strategic expansion of asset servicing capabilities and innovative use of technology. Under Daniel Clark’s oversight, the team secured “Best in Corporate Trust,” 11 country awards—including India’s 16th straight “Best Domestic Custody” and Sri Lanka’s 11th “Best Fund Administrator – Retail Funds”—and seven mandate awards. Moreover, Deutsche Bank’s Depositary Receipts business clinched its 12th “Best DR Mandate” since 2013. Individual TSS professionals from across the region were also honored for their exceptional performance in corporate trust and asset servicing.

(PRESS RELEASE) FRANKFURT, 3-Jul-2025 — /EuropaWire/ — Deutsche Bank’s Trust and Securities Services (TSS) has once again asserted its dominance in the Asia Pacific by capturing a host of accolades at The Asset Triple A Sustainable Investing Awards 2025. Leading the charge, Anand Rengarajan—Head of Sales for TSS across Asia Pacific, Middle East & Africa—was honored as “Custodian Banker of the Year,” recognizing his trailblazing leadership in broadening Deutsche Bank’s asset servicing footprint and his forward-thinking adoption of technology and innovation to meet evolving client demands.

Under the direction of Daniel Clark, Head of TSS for APAC & MEA and Global Head of Depositary Receipts, Deutsche Bank accumulated an impressive 33 awards. These included “Best in Corporate Trust,” 11 country-specific trophies, and seven “Mandate of the Year” distinctions. India maintained its exceptional streak by winning “Best Domestic Custody” for the 16th year running, Sri Lanka claimed “Best Fund Administrator – Retail Funds” for the 11th consecutive year, and Malaysia retained “Best Domestic Custodian” for the eighth straight year. In Depositary Receipts, Deutsche Bank’s team secured the “Best DR Mandate” award for the 12th time since 2013.

Country awards: a testament to regional strength

Indonesia: Best Subcustodian – Highly Commended

Malaysia: Best Domestic Custodian

Malaysia: Best Subcustodian – Highly Commended

Malaysia: Best Fund Administrator, Retail Funds

Philippines: Best Domestic Custodian – Highly Commended

Philippines: Best Subcustodian – Highly Commended

India: Best Domestic Custody

India: Best Subcustodian – Highly Commended

Sri Lanka: Best Domestic Custody

Sri Lanka: Best Fund Administrator, Retail Funds

Australia: Best in Corporate Trust

Key mandate wins

Australia: Best Corporate Trust Mandate (Blackstone Real Estate Australia)

India: Best Custody Mandate (Edelweiss Life Insurance)

India: Best Fund Administration Mandate – Alternative Investments (IKIGAI Investment Managers)

India: Best Fund Administration Mandate – Retail (Baroda BNP Paribas Mutual Fund)

Philippines: Best Subcustodian Mandate (BNP Paribas)

India: Best Subcustodian Mandate (LBBW)

Technology: Best DR Mandate (Pony AI)

Celebrating individual excellence in Asset Servicing and Corporate Trust

Anton Joseph #2 (Sri Lanka)

Rachel-Ann Oliveros #4 (Philippines)

Kris Serrano #7 (Philippines)

Lucy Liu #8 (China)

Norazlina Yusoff Helmy #9 (Malaysia)

Hanny Kusumawati #13 (Indonesia)

Tina Luan #13 (China)

Kim Berbano #14 (Philippines)

Leo Mao #14 (China)

Guo Wei Seah #15 (Singapore)

Rashid Contractor – Highly Commended (India)

‘Best Individual in Corporate Trust’:

Ann Vuong #15 (China)

Media Contact:

Email: db.media@db.com
Fax: +49 69 910-33422

SOURCE: Deutsche Bank AG

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