Deutsche Bank has announced the appointment of Rodolfo ML Siason (Dino) as Chief Country Officer and Head of Corporate Bank for the Philippines, effective April 1, 2024, pending regulatory approvals. Siason will assume leadership of Deutsche Bank's 1,500-member platform in the Philippines, overseeing the Corporate Bank and Investment Bank. Additionally, he will be at the helm of one of the bank's key service hubs in the Asia Pacific region, responsible for critical back and middle office functions globally. Siason is set to succeed Michael Chua, who is retiring after nearly three decades in the banking industry.
Under Chua’s tenure as CCO, Deutsche Bank’s Philippines operations experienced substantial revenue growth and successfully executed several significant transactions. Reporting to Burkhard Ziegenhorn, Head of Corporate Bank for Southeast Asia and Australia, and Kaushik Shaparia, CEO of Emerging Asia and Chief Country Officer of India, Siason will bring over 20 years of financial institutions experience to his new role. He spent almost 18 years with Citibank in various locations, including the Philippines, Singapore, and the Czech Republic, serving most recently as Citi’s Head of Treasury and Trade Solutions for the Central Europe Cluster, based in Prague. Siason has held diverse roles in credit, client coverage, and franchise management throughout his career, emphasizing client globalization. He will be relocating to Manila.
Burkhard Ziegenhorn expressed confidence in Siason's ability to elevate Deutsche Bank's Corporate Bank in the Philippines, citing his global client coverage, product expertise, and profound knowledge of the local market. Ziegenhorn acknowledged the strong foundation built by outgoing CCO Mike Chua, positioning the bank for continued success. Kaushik Shaparia emphasized Deutsche Bank's commitment to growth in the Philippines and welcomed Siason's leadership, anticipating further strengthening of the franchise in the country.
Deutsche Bank, established in Manila in 1977, obtained its full commercial banking license in 1995. In 2023, the bank received recognition from Euromoney as the ‘Best Trade Finance Service Provider’ for the sixth consecutive year and ‘Best Cash Management Service Provider for Corporates.’ The Asset also honored the bank as the ‘Best Domestic Custodian’ for the sixth consecutive year and ‘Best in Treasury and Working Capital Multinational Company’.