Deutsche Bank said its Asia Pacific CEO Gunit Chadha is stepping down from his position in the bank effective 17 July. Deutsche Bank chief executive John Cryan said the bank would announce in due course a successor for Chadha, who joined as CEO for India in 2003 and became a co-head for Asia Pacific in 2012. The region covered 16 countries including India, Asean, Greater China, Australia and Japan. The region was considered a significant contributor to the business, with five of the top 10 countries globally for Deutsche Bank (by profits before tax) from here.