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Jolly takes over from Ebru Pakcan, who becomes EMEA head for treasury and trade services.
Sharma, currently the global co-head of international subsidiary banking, succeeds Siew Meng Tan.
Kiat Seng Lim will join the bank's treasury services management team and continue to be based in Singapore.
Elaine Lam takes over from the retiring George Lee as the Singapore lender looks to take corporate banking business to "new heights".
Dianne Challenor has resigned as head of treasury services, Asia Pacific, to return to her native Australia.
The German lender announced that Jae-Sun Rah and Masahiro Goda had taken positions in South Korea and Japan, respectively.
Mahesh Kini takes over as head of trade finance and cash management corporates in China and Suman Chaki takes Kini's old job as head of cash management corporates, Asia Pacific.
Margaret Harwood Jones has been appointed global head of securities services, a newly created business line.