Deutsche Bank has made a number of changes in its Securities Services & Agency Securities Lending leadership and governance structure, effective immediately.

Steven Hondelink will join Corporate Bank to become Head of Securities Services & ASL EMEA, in addition to his current duties as the Head of CRG- Germany (Capital Release Group). Hondelink has 25 years of industry experience, and since joining Deutsche Bank in 2001 has held various senior positions in Global Equities and the Capital Release Group. Based in Frankfurt, he will focus on the strategic positioning of the business in EMEA.

Rebekah Flohr has been appointed Global Head of Agency Securities Lending, in addition to her existing roles managing Global Sales and Securities Services in the Americas. In her new capacity, she will be instrumental in driving the next generation of ASL product and cross-divisional solutions. Drawing from her rich experience from various senior positions across both the Investment Bank and Corporate Bank, Flohr is described as being well positioned to drive collaboration across the Corporate Bank as well as the other divisions at Deutsche Bank.

Anand Rengarajan will continue as Head of Securities Services APAC. Jeslyn Tan will continue as Global Head of Product. Iain Macara and Peter Liberatore have been appointed COOs for the business. While Macara will focus on Strategy, Governance and Client Analytics, Liberatore will be responsible for Resource Management and Administration.

Hondelink, Flohr, Rengarajan, and Tan will report to Michaela Ludbrook, Global Head of Securities Services & Americas Head of Corporate Banking. Macara and Liberatore will continue to report to Paul Maley.

To ensure continued alignment with our Infrastructure partners Mary Campbell (Operations), Ian Bond (Technology) and Karen Goozee (HR) will continue to lead the representation of their respective functions.

All named above will comprise the Securities Services & Agency Securities Lending Executive Council.

In addition, James Cox has decided to take up a new role within the bank; more details to follow shortly.

Ludbrook says: "We are excited to grow and develop the business globally in all regions."

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Deutsche Bank has made a number of changes in its Securities Services & Agency Securities Lending leadership and governance structure, effective immediately.

Steven Hondelink will join Corporate Bank to become Head of Securities Services & ASL EMEA, in addition to his current duties as the Head of CRG- Germany (Capital Release Group). Hondelink has 25 years of industry experience, and since joining Deutsche Bank in 2001 has held various senior positions in Global Equities and the Capital Release Group. Based in Frankfurt, he will focus on the strategic positioning of the business in EMEA.

Rebekah Flohr has been appointed Global Head of Agency Securities Lending, in addition to her existing roles managing Global Sales and Securities Services in the Americas. In her new capacity, she will be instrumental in driving the next generation of ASL product and cross-divisional solutions. Drawing from her rich experience from various senior positions across both the Investment Bank and Corporate Bank, Flohr is described as being well positioned to drive collaboration across the Corporate Bank as well as the other divisions at Deutsche Bank.

Anand Rengarajan will continue as Head of Securities Services APAC. Jeslyn Tan will continue as Global Head of Product. Iain Macara and Peter Liberatore have been appointed COOs for the business. While Macara will focus on Strategy, Governance and Client Analytics, Liberatore will be responsible for Resource Management and Administration.

Hondelink, Flohr, Rengarajan, and Tan will report to Michaela Ludbrook, Global Head of Securities Services & Americas Head of Corporate Banking. Macara and Liberatore will continue to report to Paul Maley.

To ensure continued alignment with our Infrastructure partners Mary Campbell (Operations), Ian Bond (Technology) and Karen Goozee (HR) will continue to lead the representation of their respective functions.

All named above will comprise the Securities Services & Agency Securities Lending Executive Council.

In addition, James Cox has decided to take up a new role within the bank; more details to follow shortly.

Ludbrook says: "We are excited to grow and develop the business globally in all regions."