Deutsche has appointed Sreenivasan Iyer, formerly of Merrill Lynch, as head of its debt capital markets and corporate coverage group for the Southeast Asia region. It is a newly created role for Deutsche Bank.

Based in Singapore, he will oversee the Malaysian, Philippine, Singapore and Thai businesses and is responsible for the overall coverage effort in these countries of structured products, credit equity derivatives, foreign exchange and interest rates.

Iyer will report directly to Saleh Romeih, managing director and head of debt capital markets and corporate coverage group in Asia. Romeih is also based out of DeutscheÆs Singapore office.

At Merrill Lynch, Iyer was director of its strategic solutions group, where he oversaw derivatives marketing for Southeast Asia, focusing on both the asset and liabilities side.

Iyer, who has 11 years of experience in fixed income derivative marketing and structuring, will bring a multi-product expertise across the full spectrum of DCM products.

ôSreenivasan is a strong addition to our leadership team bringing extensive product experience and regional knowledge to this role,ö says Romeih. ôWe continue to see tremendous economic growth and development in the debt capital markets and corporate risk management business throughout Asia. SreenivasanÆs appointment marks Deutsche BankÆs commitment to further strengthen our position as the leading financing and risk management counter party to Asian banks, corporates, sovereigns and agencies.ö