By Tanu Pandey
Based in HK, Kimberly will take the charge of the new role effective April this year
Franklin Templeton’s equity professionals represent over $45b in assets under management.
Weling has advised several Indian and international companies on mergers and acquisitions and capital-raising in India during his seven-year stint at Kotak Mahindra.
Deutsche Bank dropped out of the world’s top 15 private banks in 2016, after it withdrew from a number of countries.
It has hired 15 senior bankers in the United States over the past 12 months in areas including M&As, leveraged finance, and equity capital markets.
Some 20-25 people made over $1 million each in the latest sale aimed at rewarding staff. The dollar millionaires include Paytm Canada’s chief executive Harinder Takhar, who cashed out about $6.3 million.
Headcount will rise between 10 percent and 20 percent this year — after increasing more than 20 percent in 2017.
Khosrowshahi will visit Japan and India during the week of Feb. 19 to meet business and government leaders
“While you don’t want to blame individuals, in the end the CEO of the company has to take responsibility,” Khosrowshahi said.
The new hires will focus on acquisition, leveraged finance among others in SEA and India