Deutsche Bank AG is looking to strengthen its financing business in Asia as it aims to boost revenue in the region. In line with this strategy, the bank has created new roles and is working with a search firm to hire more people for financing positions. Rahul Chawla, who currently serves as the co-head of investment banking coverage in India, will be taking on the newly-established position of Head of Financial Sponsor Financing for Asia. Chawla is expected to relocate from Mumbai to Singapore later this year. Similarly, Apoorv Madhup, who was recently promoted as the managing director for global financing and credit trading, will assume the role of Head of India Financing. Sameer Gupta has also been promoted to lead Southeast Asia for debt capital management. These moves come as private equity firms and their deals become increasingly important for banks, leading many institutions to establish separate units to cater to their needs. While Deutsche Bank declined to comment on their efforts to hire additional bankers for financing roles, the bank’s expansion in Asia signals its recognition of the region’s growth potential and its commitment to capitalizing on lucrative opportunities.