Lehman Brothers has signed up derivatives veteran Jim Singh, a former global head of structured products and fixed-income derivatives at UBS, for a new slot in its expanding Tokyo office. He will join as chief administrative officer and head of strategic planning in capital markets, fixed income and equity. Singh did not return a message left on his cell and press officers in Asia could not be reached immediately.
Officials close to Lehman say Singh will likely report to Jeremy Isaacs, chief executive officer for Lehman Brothers Europe and Asia. Calls to Isaacs were referred to the press office.
Singh left UBS in 2003 after nine years and stints in Tokyo, London and Chicago. He was on the firm's global debt markets management committee with other credit heavyweights such as Manfred Schepers, now head of The Bond Market Association. Most recently Singh has worked as a derivatives consultant for banks, advising on areas including loan portfolio securitization and structured credit trading businesses. Market officials say he has a stellar reputation.
Lehman has been building up its Asian business this year and recently brought on board Hiroshi Wakutsu, managing director and head of equity derivatives at Calyon in Tokyo, for a new role as head of global finance for Japan (DW, 5/12). Further details of Singh's role could not immediately be determined.
