Wealth Arm of Deutsche Bank Increases Headcount

Deutsche Bank Wealth Management, a division of Deutsche Bank, has added three senior executives to its Southeast Asia team.

Felicia Tan has been named director, team leader, and Edmund Tee has been named vice president, with effect from November 22, and Dita Darmawan (pictured) has been named director, with effect from November 25, according to a statement released yesterday.

Tan and Tee report to Urs Brudermann in Singapore, while Darmawan reports to Ingrid Widjaya. Both Brudermann and Widjaya are Southeast Asia group heads, reporting to Southeast Asia head Shang-Wei Chow.

Tan comes to BNP Paribas Wealth Management from BNP Paribas Wealth Management, where she was director, team head. She worked with Credit Suisse for over a decade, rising through the ranks from relationship manager to director.

She has extensive expertise handling high-net-worth and ultra-high-net-worth customers throughout Southeast Asia, with Malaysia as her primary focus.

Darmawan previously worked at UBS as a director. She held the same position at Standard Chartered and was a vice president at Barclays Bank before joining UBS. She is an Indonesian native with strong ties to the local business community.

Tee, who has 17 years of banking and financial experience, was previously a vice president at BNP Paribas Wealth Management, where he served HNW individuals and organizations. Tee formerly worked at CIMB Private Banking and Credit Suisse before joining BNP Paribas Wealth Management.