December 2016 Current Affairs

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Gunit Chadha quits Deutsche Bank as head of Asia Pacific

Gunit Chadha quits Deutsche Bank as head of Asia Pacific
14 June 2016 Current Affairs: Deutsche Bank, Germany’s largest lender has announced that Gunit Chadha, the chief executive officer for Asia Pacific will be leaving the company next month.

As per an internal note reviewed by Business Standard,Deutsche Bank CEO John Cryan has said that Chadha will leave effective July 17 and that the lender will announce a successor in due course. The note doesn’t mention any reasons for Chadha’s departure from the company.

Gunit was appointed as Co-CEO for Asia Pacific and sole CEO in 2015. During this period our businesses in Asia Pacific delivered substantial growth coupled with increased profitability

Chadha was responsible for business across 16 countries that included India, ASEAN, Greater China, Australia & Japan. The APAC region was considered to be one of a significant contributor to the business with 5 of the top 10 countries globally for Deutsche Bank (by Profits before Tax) coming from Asia Pacific.

During 2012-2015, under Chadha’s leadership the profits from the APAC region more than doubled with the revenues in Asia Pacific touching a record of EUR 4.4 bn (Rs 33,290 crores).


December 2016 Current affairs

November 2016 Current affairs
30 NOV
NEWS
29 NOV
NEWS
28 NOV
NEWS
26 NOV
NEWS
25 NOV
NEWS
24 NOV
NEWS




October 2016 Current affairs
31 OCT
NEWS
27 OCT
NEWS
26 OCT
NEWS
25 OCT
NEWS
24 OCT
NEWS
22 OCT
NEWS

September 2016 Current affairs
30 SEP
NEWS
29 SEP
NEWS
28 SEP
NEWS
27 SEP
NEWS
26 SEP
NEWS
24 SEP
NEWS

August 2016 Current affairs
31 AUG
NEWS
30 AUG
NEWS
29 AUG
NEWS
27 AUG
NEWS
26 AUG
NEWS
25 AUG
NEWS



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