Deutsche Bank Private Bank has hired Cynthia Lai as head of managed investments emerging markets, according to a statement from the bank.

Lai (pictured) was previously head of managed solutions advisory at Bank of Singapore and will be tasked with leading the bank’s team of emerging markets investment specialists.

Based in Singapore, Lai will report directly to Vivienne Chia, global head of investment solutions, and will work on developing of the bank’s offering.

In a Linkedin post, Viviene Chia said: “Cynthia’s appointment, along with the integration of mandates, funds and alternatives specialists represents an important step in advancing our investment solutions strategy and further strengthening our franchise across emerging markets.”

Michael Ostro, previously UBP’s head of private markets, Asia, has also joined Lai’s team as head of alternatives specialists, emerging markets, based in Singapore.

Deutsche Bank Private Bank earlier this year introduced a new investment solutions operating model built around dedicated competency centres to strengthen product ownership, promote collaboration across regions and bring specialist expertise closer to clients.

The bank highlighted Lai’s deep expertise across managed investment solutions, with two decades of wealth management experience across Bank of Singapore, Citigroup and JP Morgan.