Deutsche Bank picks up multiple accolades at the Asset Triple A Sustainable Investing Awards

The Asset Triple A Sustainable Investing Awards for Institutional Investors, ETFs, and Asset Servicing Providers are the industry's most extensive recognition for excellence in the business, bringing together asset owners and managers with their service providers.¹

Deutsche Bank’s highlight wins from 2026 include (see end for full list of wins):

• Corporate Trust Executive of the Year – Ivy Fung.
• Custodian Banker of the Year – Malaysia – Richard Lim.
• Best Domestic Custodian – India for the 17th consecutive year.
• Best Fund Administrator – Retail Funds – Sri Lanka for the 12th consecutive year.
• Best Fund Administrator – Retail Funds – Malaysia for the 6th consecutive year.
• Best Domestic Custodian – Malaysia for the 9th consecutive year.
• Best in Corporate Trust – Australia, alongside Best Corporate Trust Mandate, with both awards won for the second consecutive year.
• Best DR Mandate for the 13th time since 2013.

"At a time when markets are becoming more complex and uncertainty has become a constant, our role remains clear: to provide clients with the trusted infrastructure, local expertise and global network they need to operate with confidence," said Deutsche Bank’s Daniel Clark, Head of Trust and Securities Services APAC & MEA, and Global Head of Depositary Receipts.

"It is an honour to see our teams, colleagues and client work recognised once again by this highly respected awards programme. Thank you to our clients for their continued trust, and to our colleagues across APAC and our global network, whose commitment to excellence makes this recognition possible."

The wins come after a transformative year for the franchise, following the integration of the Corporate Trust, Depositary Receipts and Custody & Fund Services businesses into a single, more effective TSS franchise with a unified salesforce, broader regional reach and materially enhanced cross-selling potential.

Where Corporate Trust and Depositary Receipts had historically been concentrated in a few hubs – India, Singapore and Hong Kong – the combined platform now benefits from the broader Custody & Fund Services footprint across key regional markets, generating new opportunities and deepening client coverage across Asia.

“Our repeated recognition in markets such as India, Malaysia and Sri Lanka demonstrates the value of the TSS footprint to deliver our Global Hausbank strategy”
Daniel Clark, Head of Trust and Securities Services APAC & MEA, and Global Head of Depositary Receipts, Deutsche Bank

The country awards also reflect the strength of Deutsche Bank's long-term investment in  key growth markets across APAC and MEA. Across these markets, the TSS team continues to help clients navigate major market developments, from India's expansion of the optional T+0 settlement framework² to Sri Lanka's new Central Counterparty framework.³ At the same time, Deutsche Bank is leveraging its local expertise to develop tailored in-country solutions, including Shariah-compliant custody enhancements and Fund Order Routing in Malaysia, helping to secure significant new client mandates.

"Our repeated recognition in markets such as India, Malaysia and Sri Lanka demonstrates the value of the TSS footprint to deliver our Global Hausbank strategy, underpinned by sustained investment in capabilities, talent and client coverage across the 18 APAC MEA markets in which we operate," added Clark.

Alongside its product and market recognition, Deutsche Bank also received two individual honours at the Asset Triple A Sustainable Investing Awards, which celebrate the leaders shaping the future of the asset servicing industry.

Deutsche Bank's Ivy Fung, North Asia Head of Sales for Trust and Securities Services/Corporate Trust, was named Corporate Trust Executive of the Year. The judges highlighted that, amid "complex macroeconomic environments and evolving debt markets", Fung's "client-centric leadership and tailored fiduciary solutions" have helped clients navigate the complex landscape.⁴

“As our clients' needs continue to evolve, we will keep investing in our people, platform and capabilities”
Ivy Fung, North Asia Head of Sales for Trust and Securities Services/Corporate Trust, Deutsche Bank

Commenting on the win, Fung said: "It is a privilege to receive this recognition. As our clients' needs continue to evolve, we will keep investing in our people, platform and capabilities to deliver the trusted, tailored Corporate Trust solutions they rely on."

In Malaysia, Richard Lim, Head of Trust and Securities Services, Deutsche Bank (Malaysia) Berhad, was recognised as Custodian Banker of the Year. In announcing the award, the publication observed that, as "emerging markets navigate shifting regulatory frameworks and increased foreign investment flows, robust localised asset handling is crucial". It recognised Lim's "outstanding leadership in driving operational excellence and delivering tailored market-entry custody solutions", highlighting his role in helping clients navigate an increasingly dynamic market.⁵

“Our longstanding presence in Malaysia and deep understanding of the local market enable us to support clients”
Richard Lim, Head of Trust and Securities Services, Deutsche Bank (Malaysia) Berhad

"I am honoured to receive this recognition on behalf of our team,” said Lim. “Our longstanding presence in Malaysia and deep understanding of the local market enable us to support clients with the expertise, reliability and tailored custody, trustee and fund accounting solutions they need to succeed in adapting to the market’s dynamic changes."

Regional win

• Best in Corporate Trust, Loans

Country awards: a testament to regional strength

• Australia: Best in Corporate Trust
• China Offshore: Best Custodian, QFI – Highly Commended
• China Onshore: Best Custodian, QDII – Highly Commended
• India: Best Domestic Custodian
• India: Best Subcustodian – Highly Commended
• Indonesia: Best Subcustodian – Highly Commended
• Malaysia: Best Domestic Custodian
• Malaysia: Best Subcustodian – Highly Commended
• Malaysia: Best Fund Administrator – Retail Funds
• Philippines: Best Domestic Custodian – Highly Commended
• Sri Lanka: Best Domestic Custodian
• Sri Lanka: Best Fund Administrator – Retail Funds

Key mandate wins

• Australia: Best Corporate Trust Mandate (Blackstone Credit & Insurance)
• India: Best Fund Accounting Mandate – Alternatives (ChrysCapital Associates LLP)
• India: Best Fund Accounting Mandate – Mutual Funds (Abakkus Mutual Fund)
• India: Best Custody Mandate (Dezerv Investments Private Limited)
• Custody: Best Subcustody Mandate (Neue Bank AG)
• Depositary Receipts: Best DR Mandate (Belite Bio Inc.)

Individual category winners

• Richard Lim – Custodian Banker of the Year (Malaysia)
• Ivy Fung – Corporate Trust Executive of the Year

Celebrating excellence in Custody & Fund Services

• Khafid Ahmad Habib – Top Rank (Indonesia)
• Anton Joseph #2 (Sri Lanka)
• Rachel-Ann Oliveros #4 (Philippines)
• Jose Lorenzo Kristian Serrano #6 (Philippines)
• Jan Ray Santos #8 (Philippines)
• Kim Stephen Neil Berbano #10 (Philippines)

Celebrating excellence in Sales & Relationship Management

• Vicky Pande #4 (India)
• Lucy Liu #5 (China)
• Norazlina Yusoff #6 (Malaysia)
• Tina Luan #7 (China)
• Rocky Hasjim #8 (Indonesia)

Sources

¹ See Sustainable Investing Awards at theasset.com
² See Sebi takes cautious approach: T+0 settlement to remain optional for now at fortuneindia.com
³ See The Colombo Stock Exchange Launches a Central Counterparty (CCP) system. at cse.lk
⁴ See Asset Servicing Awards 2026: Honouring leaders redefining Asia Pacific asset servicing at theasset.com
⁵ See Asset Servicing Awards 2026: Honouring leaders redefining Asia Pacific asset servicing at theasset.com