Fortis Bank Hong Kong recently hired Jason Kim, v.p. in fixed-income marketing at ING Financial Markets in Seoul, as a director. Kim said he is covering the Korean fixed-income market and reports to Philippe Dirckx, head of fixed income in Hong Kong. Kim is a replacement for Millo Park, senior manager, who joined Merrill Lynch in Hong Kong as a v.p. in the investor client group in March. Park declined comment.
Fortis will likely expand its focus on structured and exotic products, hiring two to three structurers in the coming months, according to Kim. Dirckx was traveling and could not be reached.
At ING, Kim reported to J.H. Hyun, managing director of the financial markets group in Seoul. Hyun said the bank is currently interviewing for a replacement.