Standard Chartered has bolstered its Asean capital markets team with the appointment of seven staff in new roles throughout the department, according to an internal company memo seen by Euromoney.
The staff have taken up a variety of positions and include new hires and internal transfers at senior and junior levels, according to the memo.
A source at Standard Chartered says the new appointments are part of an aggressive plan for 2015, where the company sees lots of opportunities and wants to grow its market share in the region.
Victor Lohle joins the DCM team as an executive director from the credit research team. Amit Verma joins the high-yield product group (HYPG) team as director, from the leveraged finance team. Charles Chua will be rejoining the loan syndications team as a director from Deutsche Bank, where he was responsible for loan sales in southeast Asia. Ross Bennett joins the HYPG team as an associate director, from the project and export finance team, where he spent the past three years covering southeast Asia clients.
Puja Shah joins the HYPG team as an associate, from the south Asia DCM team where she has worked since January 2013. Toh Shu Fen joins the DCM team as an associate from Goldman Sachs, where she spent three years in the DCM team based in Singapore. Iris Goh joins the DCM team as an analyst, from the wealth market product and sales team where she spent the past two years covering fixed-income products.
“Asean bond and loan markets have been active and dynamic in 2014, and we judge there will be further franchise opportunities to pursue in 2015,” continues the memo. “The existing capital markets teams deserve credit for their strong performance year to date, and this talent investment puts us in a very strong position as we look forward.”
At Standard Chartered capital markets in Asean, the DCM team reports to Aaron Gwak, the HYPG group reports to Jujhar Singh, and the loan syndications group reports to Bryan Liew.