Credit Suisse First Boston recently hired Y.J. Chang, associate in credit derivatives sales at JPMorgan in Seoul, as v.p. in emerging markets sales. Chang said he made the move to get a wider mandate that encompasses fixed income products in addition to credit derivatives. He now reports to S.Y. Choi, head of emerging market sales in Seoul.
Chang is a replacement for Juwon Kim who joined Bank of America several months back, said Choi, noting that no additional hires are expected in the near future.
At JPMorgan, Chang reported to B.J. Kim, head of Korea credit markets in Seoul. Kim said that he is interviewing for a replacement.