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Sikander Kanji and David Zezza have been appointed co-heads of Deutsche Bank's global markets operation in Asia.

They replace Martin Loat, who for the last three years has headed the business and who will relocate to London to push global e-commerce initiatives for global markets. Kanji will remain based in Singapore.

Kanji joined Deutsche's London operation in 1995 as global head of forward foreign exchange.

He moved to Singapore in 1997 as regional head of foreign exchange. In addition to