SINGAPORE - Deutsche Bank said on Wednesday its DWS Investments unit has appointed Rajan Raju as CEO for Asia as well as global head, DWS Solutions.

Raju, the former head of consumer banking at Singapore's DBS, will be report to Ingo Gefeke, global head of distribution and product management at DWS Investments.

DWS is the brand name for all mutual funds offered by Deutsche Asset Management. Raju is leaving DBS after 11 years with the bank.