News June 17, 2024

Securities Services and Trust and Agency Services shine at The Asset Awards

The APAC  Deutsche Bank Corporate Bank team at The Asset Awards

Deutsche Bank’s APAC Securities Services and Trust and Agency Services teams took home a total of 28 awards at The Asset’s 2024 Triple A Sustainable Investing Awards last week in Hong Kong. This includes Best Depositary Receipts Bank in APAC, among several other accolades.

These recognitions highlight the strength of the bank’s core custody capabilities in key markets like India, Malaysia and the Philippines, as well for bespoke solutions, like its mandate for Shariah-compliant custody with CIMB Securities in Malaysia.

Deutsche Bank was also recognised for its commitment to digitalisation and innovation. It won the ‘Editors Triple Star Award for Innovation’ for Project Aggie, an application (developed in conjunction with Kodex AI), which helps to simplify regulatory document processes using Artificial Intelligence.

The following employees were also recognised:

  • Tony Chao was named ‘Custodian Banker of the Year’ for Greater China.
  • Lucy Liu, Tiny Luan, Rachel Ann Oliveros, Kris Serrano, Dilan Jesudason, Daniel Mathews were all named ‘Best Individual in Asset Servicing‘ for their respective markets.

The bank’s TAS team won ‘Best Depositary Receipt Mandate of the Year for Asia Pacific’ for its partnership with Lotus Technology, and ‘Best Corporate Trust Mandate of the Year for Securitisation in Hong Kong’ for its partnership with Bauhinia ILBS 1 Limited.

Anand Rengarajan, Head of Securities Services APAC & MEA and Global Head of Sales said “The breadth of our award wins is testament to the success of our Global Hausbank strategy in Asia Pacific, and our commitment to innovation and client service. We have truly established ourselves as an asset servicing leader across Asia Pacific, and the teams should all be very proud of what they have achieved.”

Daniel Clark, Head of Trust and Agency Services APAC added: “These deals were highly complex and unique in nature and the successful client outcomes highlight our capability to deliver depositary receipt and corporate trust solutions. We look forward to continuing to support the capital market aspirations of our clients across Asia Pacific.”

Full list of awards Deutsche Bank won for excellence in Securities Services and Trust and Agency Services:

  • Best DR Bank
  • Editors' Triple Star Award for Innovation - Project Aggie
  • Best Domestic Custodian - India (Won consecutively for last 15 years)
  • Best Domestic Custodian - Malaysia (Won consecutively for last 7 years)
  • Best Domestic Custodian - Philippines (Won consecutively for last 7 years)
  • Best Sub-custodian - Malaysia
  • Best Sub-custodian - Highly Commended - India
  • Best Fund Administrator, Retail Funds - Malaysia (Won consecutively for last 4 years)
  • Best Fund Administrator, Retail Funds - Sri Lanka (Won consecutively for last 10 years)
  • Best Fund Administrator, Retail Funds - Philippines
  • Best Custodian, CIBM Direct - Highly Commended - China Offshore
  • Best Custody Mandate of the Year - Philippines (Client: ATRAM Trust Corporation)
  • Best Custody Mandate of the Year – India (Client: Kshema General Insurance Limited)
  • Best Fund Administration Mandate of the Year - Retail Funds - India (Client: Old Bridge Asset Management)
  • Best Fund Administration Mandate of the Year - Retail Funds - Philippines (Client: BPI Wealth)
  • Best Fund Administration Mandate of the Year - Alternative investments - India (Client: ASK Long-Short Fund Managers Private Limited)
  • Best Subcustodian Mandate of the Year - Malaysia (Client: CIMB Securities Services – CIMB Bank Berhad / CIMB Islamic Bank Berhad)
  • Custodian Banker of the Year – Greater China – Tony Chao
  • Best Individual in Asset Servicing – China - Connie Zhang
  • Best Individual in Asset Servicing – Hong Kong - Lucy Liu
  • Best Individual in Asset Servicing – Hong Kong - Tina Luan
  • Best Individual in Asset Servicing – Philippines - Rachel Ann Oliveros (Won consecutively for 2 years)   
  • Best Individual in Asset Servicing – Philippines - Jose Lorenzo Kristian Serrano (Won consecutively for 2 years)   
  • Best Individual in Asset Servicing – Singapore - Dilan Jesudason (Won consecutively for 2 years)
  • Best Individual in Asset Servicing –Singapore - Daniel Mathews
  • Best Individual in Asset Servicing – Sri Lanka - Dilan Jesudason (Won consecutively for 4 years)               
  • Best Depositary Receipt Mandate of the Year – APAC (Client: Lotus Technology Inc.)
  • Best Corporate Trust Mandate of the Year for Securitisation - Hong Kong (Client: Bauhinia ILBS 1 Limited)

DeutscheBank-APAC

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