Deutsche Bank has promoted a fixed income veteran to lead its business in the UK and Ireland, replacing Tiina Lee who left for Citigroup earlier this year.

Vathany Vijayaratna is now chief executive for the UK and Ireland at the German lender, it said in a statement announcing her appointment. A 2o-year veteran of Deutsche, she was previously global head of structuring within its fixed income and currencies division, and was most recently head of non-financial risk for its investment bank.