News

Deutsche Bank and INSEAD Launch Deutsche Knowledge Institute in Singapore

5 March 2008

Deutsche Bank and INSEAD have launched the start of an innovative partnership – known as the Deutsche Knowledge Institute – which sees both organisations working together to create a sustainable programme of development for Deutsche Bank employees in Asia Pacific.

The Institute formally began with a leadership session for over 140 Deutsche Bank graduates - flown in from 14 countries - at the INSEAD campus in Singapore. Over the course of the day, graduates heard from top INSEAD professors and Deutsche Bank’s senior executives on the subjects of Deutsche Bank strategy, personal development, and economic fundamentals in Asia.

Deutsche Bank expects that 400 leaders and high-potential staff from around the region will be trained at the INSEAD campus, in Singapore, as part of this partnership by the end of year. Plans are underway to expand the programme over coming years.

Rachel Blanshard, Head of Human Resources Asia Pacific at Deutsche Bank, said a formal and meaningful engagement with a business school of INSEAD’s stature show the seriousness with which Deutsche Bank approaches talent and leadership development in the region.

“Investing in our local talent base in Asia is extremely important given the pace in which Deutsche Bank is growing in Singapore and the region, as well as the increasing level of financial complexity evident across local markets.”

Ronny Tan, Chief Country Officer for Deutsche Bank in Singapore, said Singapore was an obvious location for this partnership, given its leadership in promoting the banking industry and education sectors in the region.

“INSEAD and Deutsche Bank are recognised as global leaders in their respective fields. Given their significant presence in Singapore, the tie-up is only natural and augments Singapore's broader global school house strategy.”

Professor Narayan Pant, Affiliate Professor of Strategy and Dean of Executive Education for INSEAD, said:

“INSEAD is proud to enter into this special partnership with Deutsche Bank – an institution which like our own has been committed significantly to the Asian region. Our common European roots and global presence means we understand each others’ challenges and aspirations very well. This collaboration will allow INSEAD to push our research and learning to our limits; and has the added benefit of giving our school the opportunity to learn from a partner whose depth of knowledge in Asia Pacific could usefully complement our own understanding,” he said.

The establishment of the Deutsche Knowledge Institute reflects the rising importance of Asia Pacific for Deutsche Bank. The Bank now employs over 15,000 people in the region, and is recognised as the leading investment bank in Asia - being named Bank of the Year 2007 and 2005 by leading pan regional publication, International Financing Review Asia .