26th August 2022 – Deutsche Bank has appointed Ben Li as China Head of Securities Services. In this role, Ben will be responsible for supporting domestic clients in expanding their footprint globally, and international investors’ entry into China. He will also strengthen engagement with key stakeholders including regulators and industry peers.

Li brings over 20 years of experience in securities services and joins Deutsche Bank from HSBC China, where he developed strong expertise in onshore custody services for outbound and inbound clients.

“Ben brings strong client relationships, extensive cross-product experience, and deep understanding of the China market. This positions him well to lead our rapidly growing securities services team in China, as we continue providing complete solutions to local and international clients. Leveraging Deutsche Bank’s global custodian network, he will deepen connections between China and the securities services teams in Asia Pacific, Europe, and other key markets globally,” said Tony Chao, Head of Securities Services for Greater China.

Last December, Deutsche Bank was approved by the China Securities Regulatory Commission as the first European bank to launch its domestic custody services for securities investment funds in China.

“This appointment will add to the team’s ability to serve client needs. It also demonstrates our commitment in providing complete market access solutions through our custody services licence,” added Peter Qiu, President of Deutsche Bank China. “The opening up of China’s financial market has led to growing interest in outbound and inbound investments. With our edge in cross-border services, we look forward to further supporting clients in their business.”

Li will be based in Shanghai and will report to Tony Chao, Head of Securities Services for Greater China, and Peter Qiu, President of Deutsche Bank China.

Deutsche Bank offers custodian services in more than 70 major markets globally, with dedicated service teams on the ground in over 30 markets. As the first European bank to launch its custody services for securities investment funds in China, Deutsche Bank is one of the first major foreign custodian banks for QFII, RQFII, and QDII investors. The bank is also one of the most active foreign settlement agents in the China Interbank Bond Market (CIBM).