Deutsche Bank has announced two key hires in its Asian equities department with Colin Fan and Charles McLaughlin taking on senior positions in Hong Kong.

Fan will relocate from Deutsche's New York office to become head of Asian equities responsible for cash equities, programme trading, equity derivatives and prime services. Effective immediately, Fan will relinguish his current role as global head of convertibles trading and co-head of structured trading.

Past experience also includes being global head of emerging markets credit derivatives, a position he held from 2001 to 2004. In his new role, Fan will report Loh Boon Chye, head of global markets Asia, as well as Ralph Reynolds, head of global cash equities and Yassine Bouhara, head of global equity derivatives.

The second new appointment will see Charles McLaughlin cross to Deutsche from JPMorgan to take on the role of chief operating officer for Asian Equities. During his 12-year stretch at JPMorgan, McLaughlin held a number of positions, which recently culminated in the title of chief operating officer for Asian equities.

At Deutsche, he will report to Fan and Chandra Mallika, chief operating officer of global markets Asia. McLaughlin also reports to Jonathan Hitchon, head of global prime services and COO for global equity products.