Credit Lyonnais has hired Tony Wong, a foreign exchange sales professional at BNP Paribas in Hong Kong, to the new position of v.p. interest-rate derivatives sales and marketing for Hong Kong. Wong starts today and reports to Frédéric Truchot, head of derivatives sales in Hong Kong, according to Frédéric Lainé, Asia regional manager, interest-rate derivatives products in Hong Kong. The hire expands the bank's Hong Kong interest-rate sales and marketing team to three, he noted. Credit Lyonnais has been planning to expand its Hong Kong interest-rate derivatives team for some time to take advantage of growth in Asia's interest-rate market, Lainé said. Further hires are possible by the second quarter or second half, provided the market continues to grow, he continued.
At BNP Paribas, Wong reported to Hai Tao Xie, head of foreign exchange sales for Hong Kong. Xie did not return calls.
