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Deutsche Bank's Lee Leaving Amid Southeast Asia Departures

Joyce Koh, Elffie Chew
Deutsche Bank's Lee Leaving Amid Southeast Asia Departures

Deutsche Bank AG’s Southeast Asia vice chairman Philip Lee is leaving the German lender, capping a string of senior departures in the region. Lee, also the chief country officer for Singapore, is departing to pursue other interests, after building out the bank’s Southeast Asia client franchise over the past five years, according to an internal memo obtained by Bloomberg. David Lynne, who leads its global transaction banking team in Asia Pacific, will become Singapore chief country officer, the memo shows.