In a significant move within the banking sector, Deutsche Bank has named Dino Siason as its new Chief Country Officer for the Philippines, effective April 1, 2024. This appointment, pending regulatory approvals, marks a new chapter for the bank’s operations in the region.
Leading a Robust Financial Platform
Siason steps into this role to lead Deutsche Bank’s substantial presence in the Philippines, which boasts a 1,500-strong team. His responsibilities will span across the corporate and investment banking sectors, including overseeing one of the bank’s key service hubs in the Asia-Pacific region, instrumental in global back and middle office functions.
Transition of Leadership
Siason takes over from Michael Chua, who retires after a commendable 30-year tenure in the banking industry. This transition signifies a fresh perspective at the helm of Deutsche Bank’s operations in the Philippines.
Reporting and Expertise
In his new capacity, Siason will report to Burkhard Ziegenhorn, head of the corporate bank for Southeast Asia and Australia, and Kaushik Shaparia, CEO of emerging Asia and chief country officer of India. Bringing over two decades of experience in financial institutions, Siason’s career trajectory includes an 18-year stint with Citibank, spanning the Philippines, Singapore, and the Czech Republic. His most recent role was as Citi’s head of treasury and trade solutions in Central Europe.
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A Career of Global Impact
Siason’s career is marked by diverse roles across credit, client coverage, and franchise management, with a notable emphasis on global client engagement. His return to Manila for this role underscores a commitment to leveraging his international experience in the local market.
Commitment to Growth in the Philippines
“We are proud of our 48-year history in the Philippines and committed to growing in this increasingly important market,” stated Shaparia. The appointment of Siason is a testament to Deutsche Bank’s dedication to attracting top talent and driving its Philippine franchise towards greater heights.
A Vision for the Future
Ziegenhorn expressed confidence in Siason’s ability to elevate the corporate bank in the Philippines, citing his global expertise and deep local market knowledge as key differentiators. “We are thankful to Mike for his dedicated leadership; he hands over a strong platform poised for further success,” Ziegenhorn added, highlighting the bank’s long-standing relationships in the region and its optimistic outlook under Siason’s leadership.
