Crédit Agricole Indosuez has hired Trent Beacroft, v.p. at hedge fund Parallax Capital Management in Singapore, in a new role as Japanese head of global foreign exchange sales. He now reports to Christoph Bristiel, managing director in London. Bristiel said Indosuez wanted to bulk up its coverage in Asia with a senior hire, declining to elaborate. Beacroft referred calls to Bristiel. Prior to his stint at Parallax, Bristiel was Asian head of global institutional sales at Standard Chartered Bank.
Indosuez has been building up its presence in the Asian region this year, with hires for its Hong Kong credit desk (DW, 4/21) and Korean fixed income operation (DW, 9/22).