Mizuho Securities Asia’s head of Asia fixed income trading, Jeffrey Yap, left the Japanese bank on Monday (May 13) to start his own hedge fund, according to sources.
Yap has held his role since joining the bank in 2010 and was based in Hong Kong.
Yap has been in the finance industry for more than 16 years, beginning in Malaysia where he focused on equities and fixed income products. He moved to Hong Kong in 2003 to join Nomura as a global credit trader, and was appointed head of derivatives in Asia for Rabobank three years later.
He later joined fund manager JL Capital in 2007 as a senior portfolio manager focused on global credit trading. In 2009 he joined China-focused news portal CAI Business Indepth as executive director, research and content management. He started at Mizuho one year later.
Representatives from Mizuho declined to comment