Deutsche Bank has appointed Gaurang Chadha as a managing director within its foreign exchange investor sales team in North America.

Chadha, who will be based in New York, will report to Liza Duke and Daniel Swasbrook, Co-heads of Investor Sales, North America.

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He will join from Goldman Sachs, where he spent five years in the New York and London offices, most recently as co-head of foreign exchange hedge fund sales for the Americas.

Before that, he spent two years in foreign exchange derivatives sales at Citigroup in London. Chadha also previously traded foreign exchange options at ABN Amro, AIG and JP Morgan.

Hans Ephraimson, managing director and head of foreign exchange, commodities and short duration sales for the Americas, said: "We are delighted to welcome Gaurang to our team, as his deep experience reinforces our client centric focus. His strong track record of delivering solutions to clients will enhance our coverage of foreign exchange investors."

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