Thursday, February 2, 2023
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Deutsche Bank makes historic move to Shangri-La’s One Galle Face Tower

Deutsche Bank AG has moved to the prestigious One Galle Face Tower (OGFT) marking a historic step in the bank’s journey in Sri Lanka. “Our move to this new and sustainable premises provides us with flexibility and scalability to meet the evolving needs of our clients and the business. The brand new & modern workspace with all employees located on the same floor supports us in running a more efficient operation, enabling us to provide world

class products and services to institutions and corporates in the country,” said Vikas Arora, Chief Country Officer, Deutsche Bank Sri Lanka.

Deutsche Bank, who are celebrating 150 years in Asia Pacific this year, have been a strong partner to Sri Lanka since 1980. The bank’s Corporate Bank division serves as the hub for corporate and commercial clients. At the core of this division is the Global Transaction Banking business, which is an established market leader in Europe with on the ground presence in 60 countries, including an extensive footprint in Asia Pacific. The Investment Bank division provides strategic advice to corporate and institutional clients, focusing on the bank’s traditional strengths in financing, advisory, fixed income and currencies, together with a focused equity capital markets business.

Multinational Corporates have been actively upgrading to premium office spaces in OGFT to cater to their distinguished clientele whilst also engaging their immensely talented pool of professionals by empowering them through hybrid work experiences for improved synergies and innovation. OGFT is fast-becoming Colombo’s most coveted and prestigious office address, continuously adding big names to its list of tenants.

Inaugurated in 2019, OGFT comprises approximately 531,000 square feet of luxury Grade ‘A’ office space spread over 32 floors. OGFT is the only ready-to-move-in Grade ‘A’ office building in Colombo built to Green Mark Gold standards and offers landlord-operated flexible office options and meeting facilities specifically for its tenants. The internationally developed and managed mixed-use development is a project by Shangri-La, Asia Pacific’s leading luxury hotel group with over 100 hotels and resorts around the world. 

General Manager of One Galle Face and Shangri-La Colombo Herve Duboscq stated, “We are delighted to welcome Deutsche Bank to One Galle Face Tower after a lengthy and rigorous selection process. Their entry into the building adds to the stellar lineup of world-renowned banks, financial institutions, and MNCs already here. We continue to see a strong interest from savvy corporates for One Galle Face Tower who wish to upgrade premises and be a part of this prestigious development.”

About Deutsche Bank

Deutsche Bank provides commercial and investment banking, retail banking, transaction banking and asset and wealth management products and services to corporations, governments, institutional investors, small and medium-sized businesses, and private individuals. Deutsche Bank is Germany’s leading bank, with a strong position in Europe and a significant presence in the Americas and Asia Pacific.

In Sri Lanka the bank provides cash management, FX, trade finance, trust and securities services with strong support and capabilities of superior technology on the Autobahn app market. 

About One Galle Face

One Galle Face is Colombo’s most prestigious internationally developed and managed mixed used development project by Shangri-La, Asia Pacific’s leading luxury hotel group. With over 100 hotels and resorts around the world, Shangri-La is regarded as one of the world’s best hotel ownership and management companies. Comprising of four structures, One Galle Face Mall, The Residences at One Galle Face, Shangri-La Colombo and One Galle Face Tower, the development combines both the service and hospitality of Shangri-La hotels with vibrant retail and entertainment offerings, elegant living and a premier office space. In addition to being a modern premium Grade ‘A’ facility, OGFT hosts a vibrant community of multinational corporations in the center of the rapidly growing Colombo Business District. 

Photo Caption: New office inauguration by Mr. Vikas Arora, Chief Country Officer, Deutsche Bank Sri Lanka.

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