Scotia Capital in Singapore has hired Hiroshi Fujita, managing director in capital markets at Chinatrust Commercial Bank in Tokyo, as head of structured credit marketing for Japan. Fujita could not be reached for comment and it could not be determined if this is a new role for the firm.
Scotia Capital got its Asian credit structuring desk up and running early last year (DW, 3/24). Fujita is tipped to report to Matthew Giffen, Asian head of structured products in Singapore, and will be based in Singapore. Giffen did not return calls by press time.
An official at CTCB declined comment on a replacement for Fujita.