Deutsche Bank Asset Management has moved its co-chief operating officer in Asia to a Mauritius-based wealth management role, in what is the second senior reshuffle by the group in the region in a month, following the departure of its chief executive.

Paul Klug has been named as the chief country officer for Deutsche's wealth management business in Mauritius. He replaces Mark Bisson, who is transferring back to the UK to a new role yet to be announced, according a spokesman for the group.