Indosuez W.I. Carr Securities, a subsidiary of France's Crédit Agricole Indosuez, is bringing aboard James Young, associate director in the equity risk management group at UBS Warburg in Hong Kong, in a new role focusing on Korean equity derivatives marketing, according to an official at the firm. Young, who starts in the coming days, will concentrate on the burgeoning Korean market rather than the rest of the Asian region as he had at UBS, according to a market official. He will remain in Hong Kong.
At W.I. Carr, Young will report to Paul Saubestre, managing director and Asian head of equity derivatives in Hong Kong. Saubestre was on vacation and could not be reached. At UBS he reported to Chi-Won Yoon, managing director of equity risk management in Hong Kong. Yoon did not return calls.
