Tokyo Mitsubishi International has appointed Shingo Ninomaru, group head of capital markets in New York, as head of financial derivatives and securitization in London. Ninomaru replaces Naoto Hirota, who is moving back to Tokyo to work in the treasury department at the Bank of Tokyo Mitsubishi, Hirota said. Hiroyoshi Sakamoto, head of derivatives marketing and trading in Asian currencies in Singapore, has replaced Ninomaru. Sakamoto started in New York last week.
Ninomaru said his role in New York included marketing and trading of derivatives, but was mainly interest rate derivatives. In his new role, however, he will also focus on commodities and more exotic derivatives.