Deutsche Bank has appointed Ruchir Sharma as its new co-head of global foreign exchange (GFX) for Asia Pacific.
Sharma brings 20 years’ experience across FX and fixed income markets to Deutsche Bank, joining from Credit Suisse where he served as managing director and head of FX trading for the Asia Pacific region.
Prior to that, he held roles at Bank of America Merrill Lynch and Deutsche Bank in Hong Kong and Singapore.
His appointment follows that of Darren Boulos, who was named co-head of GFX for APAC, based in Sydney.
Meanwhile, former head of GFX APAC, Lee Merchant, has relocated to London as global head of spot trading for Deutsche Bank.
As part of his new role, Sharma will work alongside Boulos to drive the strategic direction of the firm’s FX business.
“Ruchir brings a strong track record and unique blend of expertise, from FX trading to building businesses, said Russell LaScala, global head of FX at Deutsche Bank.
“Together with Darren, he will be instrumental in providing high-quality service to our clients and ensuring the continued success of Deutsche Bank’s FX platform.”