Deutsche Bank Wealth Management (WM) has announced a series of hires to bolster its growth in the Asia Pacific (APAC) region.

The bank hired a team of four members from The Bank of East Asia in Hong Kong. The team will be responsible to acquire new clients and raise assets in Greater China and. They will report to head of wealth management coverage for North Asia, Kanas Chan.

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The new team will be headed by Gloria Sun who will serve as managing director and group head. Other members of the team are Winson Hung as director, investment advisor; Gary Lu as vice president, relationship manager; and Nora Lai as assistant vice president, relationship manager.

Apart from this new team, the company also made nine hires in Hong Kong, Singapore and Dubai  for managing client coverage, project management, IT along with know-your-client activities.

Wealth Management (WM) APAC head Lok Yim said: “Wealth Management is one of the core elements of Deutsche Bank’s growth strategy. Here in Asia, we had a great first quarter with strong client demand and double digit revenue growth. We are now fully focused on business growth and hiring in the region.”