Credit Lyonnais recently hired Sonia Lee, a credit derivatives trader at the Industrial Bank of Japan in Hong Kong, in the new position of v.p.-Asian credit trader. Lee said when IBJ's credit desk moved back to London she wanted to stay in Hong Kong. The move is understood to be part of a push into credit derivatives initiated with the recent appointment of Omar Abukhadra as global head of credit derivatives in London (DW, 7/9).
Lee now reports to Fred Lainé, head of fixed income and derivatives, Asia, in Hong Kong. Lainé declined to comment on the move. Officials at IBJ could not be reached for comment.
