Deutsche Bank has appointed Sikander Kanji and David Zezza to succeed Martin Loat as co-heads of Deutsche BankÆs Global Markets operation in Asia. Loat has been in the position for 3 years and is driving the global e-commerce initiatives for Global Markets. KanjiÆs current role as head of Foreign Exchange for the Asia Pacific Region will remain in addition to his new role.

Sikander Kanji first joined Deutsche BankÆs London operation in 1995 where he was Global Head of Forward FX. He was most recently Regional Head of Foreign Exchange in Deustche BankÆs Singapore office. David Zezza has been with the company since 1996, first as Head of the Asian Local Markets and OTC Derivatives Trading in Asia, based in Singapore. Before joining Deutsche Bank, Zezza was with Salomon Brothers.

Commenting these new appointments, Edson Mitchell, Global Head of Global Markets at Deustche Bank, said, "Sikander and David have been instrumental in the success of the Asian business to date."

He added, "They have worked closely with Martin to create one of the leading foreign exchange, fixed income and derivatives houses in Asia. Success in Asia is a pre-requisite to global success and I am confident that the momentum will be maintained under their leadership."