Deutsche Bank has appointed Marcus Sehr as global head of cash management for financial institutions (CMFI) and John Ball as global head of cash management for financial institutions sales. These new roles are part of a realignment within Deutsche Bank’s global transaction banking (GTB) division that will now aggregate all trust and securities services and CMFI businesses under the leadership of Satvinder Singh, global head of trust and securities services and cash management for financial institutions.
Additionally, the bank will align specialist sales activities within financial institutions and securities in a new financial institutions and securities sales team, led by Jim Turley, global head of financial institutions and securities sales and global chief operating officer (COO) for GTB.
In his new role, Sehr will oversee cash management strategy, profit and loss (P&L) and delivery of end-to-end solutions and risk management in CMFI. He has held various roles within CMFI, most recently as global COO, and has been with the bank for 12 years. Based in Frankfurt, Sehr will report to Singh.
Ball will be responsible for driving cash management revenues globally in the financial institutions segment. He was previously head of cash management for financial institutions for Asia-Pacific in Deutsche Bank for over eight years. His responsibilities included overall client relationship management in Asia and Japan and new business development for cash management for financial institutions. Before joining Deutsche Bank, Ball was with Bankers Trust in London and New York. Based in Hong Kong, he will report to Turley.
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