Deutsche Bank (DB) has appointed David Rhydderch as global head of its Alternative Fund Services business.

Rhydderch brings a wealth of experience to his new role, having been with Deustche Bank for eight years. He previously held senior positions within the bank’s Markets franchise, specifically as chief operating officer for the Global Prime Finance business within the Equities division based in London and New York.

Ajay Singh, global head of Investor Services, commented: “David’s experience providing solutions to clients that leverage our front to back platform combined with his knowledge of Prime Finance and broader bank wide products show our commitment to delivering a market leading Alternatives service to our Private Equity and Hedge Fund clients.”

Deutsche Bank’s Alternative Fund Services team is part of the Investor Services umbrella within the Global Securities Services (GSS) unit of its Global Transaction Bank.