ABN Retools Asian Fixed Income Biz
ABN AMRO plans to boost its presence in the Asian derivatives markets and has created a new regional position to further that goal.
ABN AMRO plans to boost its presence in the Asian derivatives markets and has created a new regional position to further that goal. Greg Major, formerly in the financial markets advisory group in London, has moved to Hong Kong in a new role as Asian head of fixed income, which includes Japan. Major will overlook both sales and trading for the region. Before moving to London in 2003 Major spent five years in Asia where he headed fixed income marketing. He did not respond to messages.
"Fixed income in Asia is a focus area of the bank--this deepens our reach in terms of sales, trading and origination," said Li Koon Lim, spokeswoman at ABN in Singapore.
The move coincides with the transfer of Jamie McWilliam, Asian head of derivatives marketing in Hong Kong, to London to take on a new role in the global markets division to boost the firm's global derivatives business. McWilliam declined comment.
The firm has split up McWilliam's former responsibilities between northern and southern markets. Rajiv Baruah, head of primary origination derivatives structuring in Singapore, has been appointed as head of derivatives sales and marketing for South Asia, while Jacqueline Tan, head of asset and liability management solutions in Singapore, has been appointed as head of derivative sales and marketing for North Asia.