Previously Kim ran the bank's Korean global markets operation, a position he has held since he joined the German bank in 1996.

In his new role he will keep running the Korean global markets operation as well as taking on the duties of the chief country officer. He will report to Rob Stein, CEO of Deutsche Bank Asia Pacific, as well as David Zezza and Sikander Kanji, who run the bank's Asian global markets team.

Prior to joining Deutsche, Kim worked at Lehman Brothers. He has worked in Hong Kong, London and New York as well as in his present position in Seoul.