Gunit Chadha elevated as CEO of Deutsche Bank's Asia Pacific region

Gunit Chadha elevated as CEO of Deutsche Bank's Asia Pacific region

Gunit Chadha at the Mint Asia Banking Conclave in Singapore

Deutsche Bank AG, Germany’s largest lender, has elevated former India head Gunit Chadha to CEO of the Asia Pacific region, it said in a statement, and the move comes even as the bank warned that if faces two tough years of dividend cuts, pay restraint and thousands of job cuts.

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