ABN AMRO has recently relocated Frank McKirgan, head of Asian equity derivatives in Hong Kong, to a new role in London, according to Ali Ahmed, now-Asian head of equity derivatives trading in Hong Kong. Ahmed noted that he joined last month from Indosuez W.I. Carr Securities, where he was the Hong Kong head of equity derivatives trading, to assume responsibility for the trading desk. On the back of McKirgan's repatriation, ABN has restructured the desk by splitting his duties between the head of trading and Anthony Wah, head of marketing for Asian equity derivatives, noted Ahmed. McKirgan did not return calls.
"He's both well-known and well-regarded," said an equity head at an international house in Hong Kong, noting that McKirgan is a veteran of the Asian derivatives market. McKirgan was part of the team that introduced one of the first capital guaranteed notes in Taiwan earlier this year (DW, 3/24).
At W.I. Carr, Ahmed reported to Paul Saubestre, managing director and Asian head of equity derivatives in Hong Kong. Saubestre noted that the existing team has assumed Ahmed's responsibilities, declining further comment.
