NEW YORK--(BUSINESS WIRE)--Deutsche Asset & Wealth Management (Deutsche AWM) today announced that Dessy Arteaga will join the Bank in January 2015 as a Managing Director and Senior Private Banker. She will be responsible for developing and strengthening the Bank’s relationships with ultra-high-net-worth clients in Mexico. Based in New York, Arteaga will report to Felipe Godard, Head of Wealth Management in Latin America.
“As we expand our wealth management offering in Latin America, we are committed to attracting the most talented professionals in the industry to serve our clients,” said Godard. “We are thrilled that Dessy has joined the Bank, as she will play a critical role in further expanding our platform and deepening our local relationships in Mexico.”
With over 35 years of industry experience, Arteaga will join from J.P. Morgan Private Bank, where she was most recently a Managing Director and a Senior Private Banker based in New York, specializing in ultra-high-net-worth individuals and families in Mexico. Prior to J.P. Morgan in New York, Arteaga spent nearly 20 years in Caracas, Venezuela at various firms including J.P. Morgan, Banco Union S.A.C.A. and Citigroup.
In addition to Arteaga, Deutsche AWM has made several senior hires this year, as it expands it private bank in key wealth markets. The Bank recently announced that it hired Lee Hutter to head its Wealth Management division in the Western Region of the U.S. In addition, Deutsche AWM recently announced the opening of its Private Bank in Dallas.
Deutsche Asset & Wealth Management
With $1.31 trillion of assets under management (as of June 30, 2014), Deutsche Asset & Wealth Management¹ is one of the world's leading investment organizations. Deutsche Asset & Wealth Management offers individuals and institutions traditional and alternative investments across all major asset classes. It also provides tailored wealth management solutions and private banking services to high-net-worth individuals and family offices.
¹ Deutsche Asset & Wealth Management is the brand name of the Asset Management and Wealth Management division of the Deutsche Bank Group. The legal entities offering products or services under the Deutsche Asset & Wealth Management brand are listed in contracts, sales materials and other product information documents.