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Thursday, August 28, 2014

MOVES-Eastspring Investments appoints new CEO for Japan business, (NYSE: DB)

Eastspring Investments, the asset management arm of Prudential Corporation Asia, appointed Tsukasa Sekizaki as president and chief executive of Eastspring Investments Japan. Sekizaki joins from Deutsche Bank AG, Japan, where he served as president and CEO of Deutsche Trust Company Ltd and Deutsche Asset & Wealth Management.The appointment, effective mid-September, follows the resignation of Koji Wada, who is leaving to pursue other opportunities.Eastspring Investments, part of Prudential Corporation Asia, is Prudential Plc's asset management business in Asia.

Deutsche Bank AG is a global investment bank. The Company offers a variety of investment, financial and related products and services to private individuals, corporate entities and institutional clients around the world. Shares of DB traded higher by 1.53% or $0.53/share to $35.08. In the past year, the shares have traded as low as $32.52 and as high as $51.99. On average, 1998850 shares of DB exchange hands on a given day and today's volume is recorded at 2531659.