Deutsche’s top regional man says sayonara

Deutsche Asset Management’sregional and Australian chief executive Brian Scullin has announced plans to retire at the end of this year.

Scullin has been regional chief executive of Deutsche for the past three years, regularly commuting between Sydney, Tokyo and Singapore, with frequent trips to Frankfurt, London and New York.

He will remain on the boards of Deutsche's legal vehicles in the Asia Pacific as well as consulting to the local businesses through 2003.

James Goulding will take up the role of Asia Pacific chief executive from September 1, 2002.

Goulding has worked in the funds management industry for 16 years, 10 of these with Deutsche Asset Management, including three years in the mid-1990s as head of Asia.

Goulding is currently heading up the global strategic alliances division within Deutsche Bank's private clients and asset management business.

Ross Youngman has been appointed chief executive of Australia, reporting to James Goulding.

Based in Sydney, Youngman will take his post as of October 1, 2002, working closely with Brian Scullin for the remainder of the year to ensure a smooth transition of responsibilities.

Youngman has worked in the United States for the past six years. He most recently was head of Deutsche Asset Management's US mutual funds business and played a key role in Deutsche’s acquisition and integration of Zurich Scudder Investments.