In 2012, he was elevated to co-CEO for its Asia Pacific business and later in October 2015 was appointed in his current role as CEO for the Asia Pacific, in charge of 16 regions in the region. In a note circulated among the bank’s employees, John Cryan, co-CEO of Deutsche Bank, announced Chadha’s exit on Tuesday. Gunit Chadha’s is the second high profile exit from Deutsche Bank, after it had announced a €6.8 billion loss for the year ended December 2015Mumbai: Gunit Chadha, chief executive officer- Asia Pacific at Deutsche Bank AG is set to leave the bank effective 17 July. “I am grateful to Gunit for his contributions to Deutsche Bank and especially for his role in developing our valuable presence across 16 countries in Asia Pacific. Chadha, 54, had joined Deutsche Bank in 2003 as the CEO for the global lender’s India business.

Source: Mint June 14, 2016 09:39 UTC