Deutsche Asset Management (Deutsche AM) has appointed David Bianco as chief investment strategist for the Americas and head of equities in the US.

Bianco will be responsible to assist customers with portfolio construction across the company’s full range of investment vehicles and asset classes. He will also lead a team of experienced investors responsible for the management of the active equity assets in the Americas.

He will be based in New York, and will report to chief investment officer and active asset management head Stefan Kreuzkamp and regionally to Americas Deutsche Asset Management head Bob Kendall.

Bianco, who has been the bank’s US equity strategist since 2012, has over two decades of experience in investment research and a decade of experience as an equity strategist.

Bianco joined Deutsche Bank from Bank of America Merrill Lynch Investment Research and Global Wealth Management, where he was head US equity strategist.

He also held senior positions at UBS and five years at Financial Account Standards Board’s Financial Accounting Standards Advisory Council.

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Commenting on the appointment, Kendall said: “We are extremely pleased to welcome David to our organization. David is a well-respected and familiar face within our industry and will be a key public figure for us in presenting to our clients Deutsche Asset Management’s global views on markets, economies and policies.”