Lehman Brothers is bringing aboard Catherine Loh, a fixed income sales professional at Goldman Sachs in Singapore, as the general manager of its Singapore branch. Kirk Sweeney, head of Asia ex-Japan fixed income sales in Hong Kong, said Loh is a replacement for Tom Picard, who relocated to New York to take a role in the structured credit trading group. Loh will oversee fixed income and derivative sales and report directly to Sweeney.
At Goldman, Loh reported to Jovi Zalamea, executive director and head of capital markets for Southeast Asia in Hong Kong. Zalamea did not return calls. Peter Rose, spokesman at Goldman, confirmed the departure. "We're looking at a number of options," said Rose, in regards to a potential replacement. He declined further comment. Loh, who starts this week, could not be reached for comment.