The broker has over 25 years of experience with 14 years from within the bank and has held several leadership roles in equity and prime finance for the investment bank and most recently as Head of the Deutsche CIB Center Global Delivery Hub.
Kaushik Shaparia, Chief Executive Officer, Deutsche Bank Group, India, said, “This reflects the strength of the talent present in our group and thus the parent is perfectly positioned to drive this business in this time of change within the financial services industry. Huh.” release.
India is a major market for Deutsche Bank’s securities services business globally. As India’s capital markets open up and develop based on strong macroeconomic fundamentals, the country is poised to benefit from significant investor inflows.
Deutsche Bank has built a diversified platform in India spanning a wide suite of products, with over 42 years of continuous operating experience in the country. The bank has won several industry awards for its in-house custodial services as well as its transaction bank and investment bank in India.
With the launch of its IFSC Banking Unit (IBU) at GIFTCity, the bank has further cemented its position as India’s largest and most experienced provider of catering and fund administration services to both domestic and foreign investors.