People
&Markets
ABN AMRO and Royal Bank of Scotland.
Macquarie Capital is the corporate advisory,
capital markets and principal investing arm of
Macquarie Group. Boutique Chinese investment bank CHINA
RENAISSANCE has hired Ke Wei as partner for
its private-equity platform, the New Economy
Fund.
Wei joins from US PE firm General Atlantic,
where he was managing director, focused on
investments in the TMT and consumer sectors.
He reports to Fan Bao, chairman and CEO
of China Renaissance Group. He has been
appointed a member of the investment
committee.
NEF comprises three renminbi-denominated
funds and two US dollar funds with total assets
under management in excess of Rmb20bn
(US$3.02bn). Vikram Lamba has joined the leveraged and
acquisition finance team at HSBC as director.
Based in Hong Kong, he reports to James
Horsburgh , head of leveraged and acquisition
finance for Asia Pacific. Lamba’s first day at the
bank was Monday.
Before HSBC, Lamba was most recently a
director at the Asia acquisition and leveraged
finance team at Bank of America Merrill Lynch,
where he worked for four years, according to his
LinkedIn profile.
Before that, he was at Citigroup covering private
equity and financial sponsors group and at
Deutsche Bank in leveraged finance and sponsor
coverage for three years. NOMURA has promoted John Goff to head of
global finance and acting head of debt capital
markets for Asia ex-Japan, effective September
25.
He replaces Neeraj Hora, who has relocated to
San Francisco to become head of innovationand investment for the Americas, tasked with
strengthening ties between the Japanese firm
and Silicon Valley.
Goff reports to Rig Karkhanis, head of global
markets for Asia ex-Japan, and Kenji Teshima,
head of investment banking for Asia ex-Japan,
in his new role.
He will stay based in Hong Kong and continue
as global head of global markets structuring,
reporting to Karkhanis and Matthew Reader,
head of fixed income structured products. David Goffage has left as head of Australia
equity capital markets at BANK OF AMERICA MERRILL
LYNCH.
Goffage was with BAML for seven years,
according to his LinkedIn profile. He was
previously with ABN AMRO and Credit Suisse.
The departure comes amid a shake-up in
BAML’s operations in Australia.
In July, the lender hired Michael Richardson
from Deutsche Bank for the newly created role
of head of Australia global capital markets.
Richardson, an ECM banker by background, was
charged with overseeing the bank’s local ECM,
debt capital markets and leveraged finance
operations.
BAML also recently brought in Joe Fayyad from
Goldman Sachs as head of Australia investment
banking.
He replaced David Wood, who was appointed
vice chairman of the division. STANDARD CHARTERED has hired Savady Yem
as global head of private credit sales, based in
Singapore.
Yem joins from Credit Suisse, where he was Asia
Pacific head of fixed income sales, also based in
Singapore.
He reports to Kevin Burke, global head of
financial markets sales, who joined in July from
Deutsche Bank.
Yem spent 16 years at Credit Suisse, splitbetween London and Singapore. He was
previously with JP Morgan.
StanChart has been hiring in its financial
markets division since Roberto Hoornweg took
the reins last December.
Last month, Ian Krassek joined from JP Morgan
as head of flow credit sales for Asia in Hong
Kong.
In May, the emerging-markets lender
announced multiple hires in its flow credit and
credit solutions teams in Asia as part of a global
push in credit trading.
These included Robert McGinley, head of flow
credit trading for Asia, and Hiroyuki Wakimoto,
director for credit trading. Financial services firm CANTOR FITZGERALD
(HONG KONG) CAPITAL MARKETS is hiring Vaibhav
Chadha from Axis Bank to build its loan trading
business as part of an expansion into investment
banking in Asia.
Chadha will join as executive director with
responsibility for trading in par and distressed
loans in Asia, including Japan.
He will start at Cantor Fitzgerald in mid-October
and report to Rousseau Anai, co-head of Asia,
who is based in Hong Kong.
Chadha will remain based in Hong Kong,
where he had worked for Indian lender Axis
Bank for five years as head of credit and loan
syndications. In that role, he helped the bank
distribute loans to investors in Asia.
Before arriving in Hong Kong, he worked at Axis
Bank in New Delhi from June 2006.
Cantor Fitzgerald has had a presence in Asia
since 2004 and has offices in Hong Kong and
Singapore. The financial products and services
it offers include investment banking, fixed-
income, cash equities, derivatives, convertibles
and structured products, among others.
In January, Cantor Fitzgerald hired Anshu Jain,
the former co-chief executive of Deutsche Bank,
as its president.