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Deutsche WM boosts LatAm team with JPM and Sura hires

Deutsche WM boosts LatAm team with JPM and Sura hires

Deutsche Bank Wealth Management has made three hires from across Mexico, Miami and Geneva to strengthen its offshore offices servicing Latin American clients.

The hires, along with one promotion, have been made to boost its wealth management Americas unit, which has offices in New York, Miami, Geneva and Hamburg, the private bank said in a statement.

Jorge Rodriguez Garcia, most recently director of Sura Wealth and Asset Management in Mexico, has joined as head of the Latin America team for Switzerland. The role will see him move to Geneva.

Rodriguez Garcia was also the chief executive of Credit Suisse's domestic private bank in Mexico from 2007 to 2014.

Deutsche Bank has also appointed Pascal Landrove as team leader for its Miami office. He will relocate from Geneva where he will also continue in his role as managing director and senior relationship manager for Mexico, which he oversaw from Switzerland.

According to the bank, his dual role will help the firm 'rebuild' its offshore presence in the region. 

Joining Landrove in the Miami office is JP Morgan private banker Roberto Teofilo, who has been named director and relationship manager who will cover ultra-high net worth clients from Brazil.

Teofilo also spent 13 years at Merrill Lynch and Credit Suisse First Boston. 

A second Brazilian-focused relationship manager has joined the bank’s Geneva office. Ricardo Pablos Rodrigues has signed on to Deutsche Bank after three and half years with Swiss private bank Compagnie Bancaire Helvetique.

‘These additions confirm Deutsche Bank Wealth Management’s commitment to Latin America in general and to the Swiss platform in particular, as it recognizes the importance that Geneva and Miami have in the region,’ it added.

Rodriguez Garcia replaces Matthias Musch, who left the bank in June 2017 to head UBS Wealth Management’s efforts in Central, Andean and Southern Latin America from Zurich.

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