Jason Valmadre, ABN Amro

  • 22 Jun 2005
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Name: Jason Valmadre
Institution: ABN Amro
Date promoted: May 2005
Title: Global head of syndicate
Years in capital markets: 8
First job in capital markets: Corporate finance, Bankers Trust, Sydney
Previous job before promotion: Deputy head of syndicate
Favourite deal worked on: Eu15bn rights issue for France Télécom, March 2003
Family: Married
Lives in: Belsize Park, London

Jason Valmadre was an obvious beneficiary of ABN Amro's reorganisation of its investment banking business in April this year.

The promotion of Jeroen Berns from global head of syndicate to head of European equity capital markets (ECM) left a space at the top of the bank's syndicate desk, and Valmadre, Berns's deputy, was the man to fill it.

As global head of syndicate, Valmadre is responsible for syndicate desks based on three different continents, with operation, in London, Hong Kong and Sydney, as well as a US syndicate, which is run out of London.

Ranking inside the top 10 for European and Asia Pacific ex-Japan ECM, ABN is enjoying a strong run of form, which Valmadre hopes to continue.

"We are as aggressive as anyone else on the street when it comes to bidding on stocks that we know well," says Valmadre.

Though ABN says it is not as focused on league table positions as some of its competitors are.

With strong businesses in the Netherlands, Scandinavia and the UK, Valmadre has been involved in some of this year's most successful ECM deals. Those include the April Eu3.8bn spin-off and IPO of Finland's Neste Oil by energy company Fortum, which was the first float since Lastminute.com in 2000 to raise its price range before final pricing.

Valmadre's rise to the top of ABN's equity syndicate has been a swift one. He only began working on the syndicate at the end of 2002 after transferring from the bank's Australian ECM business, having joined the firm in 1999 from Bankers Trust's corporate finance department.

However, Valmadre received a baptism of fire into the syndicate world — less than three months after joining the desk he worked on France Télécom's jumbo Eu15bn rights issue.

In turn, the first major deal ABN's syndicate won under Valmadre's leadership was the French government's June Eu3.5bn France Télécom block trade, which proved to be yet another challenging deal.

  • 22 Jun 2005

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 414,341.60 1584 9.03%
2 JPMorgan 377,311.36 1724 8.23%
3 Bank of America Merrill Lynch 358,416.32 1295 7.81%
4 Goldman Sachs 266,063.47 914 5.80%
5 Barclays 264,598.20 1056 5.77%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 44,979.63 190 6.68%
2 Deutsche Bank 37,125.85 136 5.51%
3 BNP Paribas 36,403.69 206 5.41%
4 JPMorgan 33,752.71 110 5.01%
5 Bank of America Merrill Lynch 32,865.23 106 4.88%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 22,398.41 104 8.72%
2 Morgan Stanley 18,608.72 99 7.25%
3 Citi 17,768.49 110 6.92%
4 UBS 17,372.80 70 6.76%
5 Goldman Sachs 17,228.66 97 6.71%