Michael Hellbeck is the new chief country officer of the Philippines and head of relationship management, global corporate finance, for Deutsche Bank.

In capacity of chief country officer, Hellbeck will report directly to Martin Loat and Robert Stein, chief executive officers of Deutsche Bank's corporate and investment banking, and private clients and asset management divisions respectively. Hellbeck will report to Alan Goodyear, regional head of relationship management in respect of his position as head of relationship management.

Replacing Jose Isidro Camacho, Hellbeck moves from the position of head of the bank's global banking division in Korea, where he was also the acting chief country officer for Korea.