Deutsche ECM gains Ross

Bank creates a new role for a head of execution in response to its growing profile in the ECM league tables.
Deutsche Bank has announced the appointment of Jonathan Ross as head of equity capital markets (ECM) execution in Asia. Ross will transfer internally from London to take up what is a newly created post.

He will be based in Hong Kong and report to Rowena Chu, DeutscheÆs Asian head of ECM. His chief responsibility will be to manage and smoothe out the entire ECM process, liaising with both originators and syndicate bankers.

The appointment is timely for Deutsche Bank, given its increasing suite of business in the region including the $10 billion IPO for Industrial and Commercial Bank of China (ICBC), which may come later this year.

Other recent jumbo offerings from the bank include a $3.3 billion Hong Kong IPO of China Shenhua and a $2.7 billion placement in PetroChina. At the time of writing, Deutsche is sitting in ninth position on Dealogic ECM league tables.

In London he was a director in the ECM division and covered transactions throughout Europe and the emerging markets in Eastern Europe and Russia. He first joined the firm in 1994, fresh out of university.