Experienced Banker Rodolfo Siason to Lead Deutsche Bank’s Philippines Expansion

Experienced Banker Rodolfo Siason to Lead Deutsche Bank’s Philippines Expansion

(IN BRIEF) Deutsche Bank has appointed Rodolfo ML Siason (Dino) as the Chief Country Officer and Head of Corporate Bank for the Philippines, effective April 1, 2024, pending regulatory approvals. Siason will oversee the bank’s operations in the Philippines, including the Corporate Bank and Investment Bank, as well as a key service hub in the Asia Pacific region. He replaces Michael Chua, who is retiring after nearly 30 years in the banking industry. Siason brings over 20 years of financial institutions experience, having previously worked with Citibank in various roles. Deutsche Bank aims to continue its growth in the Philippines, a market it has been present in since 1977. In 2023, it received multiple awards for its services in the country.

(PRESS RELEASE) FRANKFURT, 19-Jan-2024 — /EuropaWire/ —  Deutsche Bank (XETRA: DBKGn.DB / NYSE: DB), Germany’s leading multinational investment bank and financial services company, has announced the appointment of Rodolfo ML Siason (Dino) as the Chief Country Officer and Head of Corporate Bank for the Philippines, effective April 1, 2024, pending regulatory approvals. Siason will oversee Deutsche Bank’s extensive platform in the Philippines, comprising 1,500 employees. His responsibilities will encompass both the Corporate Bank and Investment Bank, as well as one of the bank’s crucial service hubs in the Asia Pacific region, supporting vital back and middle office functions globally. Siason will succeed Michael Chua, who is retiring after nearly three decades in the banking industry. During Chua’s tenure as CCO, Deutsche Bank’s Philippines business achieved substantial revenue growth and executed several landmark transactions.

Reporting directly to Burkhard Ziegenhorn, Head of Corporate Bank for Southeast Asia and Australia, and Kaushik Shaparia, CEO, Emerging Asia and Chief Country Officer of India, Siason brings over two decades of financial institutions experience to his new role. He spent close to 18 years with Citibank in various capacities across the Philippines, Singapore, and the Czech Republic, culminating in his role as Citi’s Head of Treasury and Trade Solutions for the Central Europe Cluster, based in Prague. Throughout his career, Siason has held diverse roles encompassing credit, client coverage, and franchise management, with a strong focus on facilitating clients’ global expansion. He will be relocating to Manila.

Burkhard Ziegenhorn expressed confidence in Siason’s ability to lead Deutsche Bank’s Corporate Bank in the Philippines to greater heights, citing “Dino will play a leadership role in taking our Corporate Bank in the Philippines to the next level. His global client coverage and product expertise combined with his deep local market knowledge, will help further differentiate Deutsche Bank in the Philippines/ We are thankful to Mike for his dedicated leadership with the bank; he hands over a strong platform poised for further success. We have built many trusted and valued relationships here over past decades, and I am confident that Dino will significantly enhance and grow these over the years to come.”

Kaushik Shaparia emphasized Deutsche Bank’s commitment to the Philippines, with a history spanning 48 years, and its determination to thrive in this increasingly significant market. Shaparia said “We are proud of our 48-year history in the Philippines and committed to growing in this increasingly important market. We’re delighted that our strong platform has attracted high quality talent like Dino, and look forward to him leading our franchise from strength to strength in the Philippines.”

Deutsche Bank established its presence in Manila in 1977 and obtained a full commercial banking license in 1995. In 2023, the bank was recognized by Euromoney as the ‘Best Trade Finance Service Provider’ for the sixth consecutive year and the ‘Best Cash Management Service Provider for Corporates’. Additionally, The Asset awarded Deutsche Bank as the ‘Best Domestic Custodian’ for the sixth consecutive year and recognized it as the ‘Best in Treasury and Working Capital Multinational Company’.

For more information, contact:

Deutsche Bank AG

Media Relations
Kate Fields
Phone: +852 2203 5094
Email: kate.fields@db.com

About Deutsche Bank

Deutsche Bank provides retail and private banking, corporate and transaction banking, lending, asset and wealth management products and services as well as focused investment banking to private individuals, small and medium-sized companies, corporations, governments and institutional investors. Deutsche Bank is the leading bank in Germany with strong European roots and a global network.

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SOURCE: Deutsche Bank AG