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Deutsche Bank WM Hires Global Products, Solutions Head For Americas

Tom Burroughes

22 October 2019

Deutsche Bank Wealth Management, part of Deutsche Bank, has hired Samuel Descovich as head of global products and solutions for the Americas to support its growth plans in the region. 

Descovich will be responsible for developing and delivering products and solutions to wealth management Americas clients, including alternative investments, capital markets, and trust and custody services, the firm said in a statement yesterday. 

Prior to this, Descovich worked at UBS Global Wealth Management. He was Americas head of capital markets solutions for six years. Before that, he was Americas head of structured products distribution for seven years and managed a global equity sales desk for five years. Earlier in his career, he had various investment roles at Lazard Asset Management, Nomura Asset Management and Salomon Smith Barney. 

Based in New York, Descovich will report to Lavanya Chari, head of global products and solutions, and regionally to Patrick Campion, head of wealth management Americas.

Deutsche Bank Wealth Management recently relaunched Wealth Advisory, a fee-based and fully customizable advisory product in the Americas.