Deutsche Bank today announced that it has named Ruchir Sharma as Co-Head of Global Foreign Exchange (GFX) for Asia Pacific. The appointment of Mr Sharma, who will be based in Singapore, is effective 15 September 2022.

This follows the appointment of Darren Boulos in Sydney as Co-Head of GFX for APAC. Lee Merchant, former Head of GFX APAC has relocated to London as Deutsche Bank’s Global Head of Spot Trading.

A 20-year veteran across the FX and fixed income markets, Ruchir Sharma joins Deutsche Bank from Credit Suisse where he was Head of Asia Pacific FX Trading. He has held roles at Bank of America Merrill Lynch and Deutsche Bank in Hong Kong and Singapore.

Deutsche Bank was ranked the overall FX market leader globally and in Asia Pacific, in the 2022 Euromoney FX Survey, a closely watched annual survey of liquidity consumption in global FX markets.