Please send job moves to
[email protected]StanChart
reshuffles credit
markets team
STANDARD CHARTERED has unveiled a raft
of internal appointments in its newly
created global credit markets group, part
of the transformation of its corporate and
institutional banking unit.
The latest appointments, announced in
an internal memo last Wednesday, come
after the bank created a global credit
markets business under former capital
markets boss Henrik Raber on July 2.
Cristian Jonsson has been named global
head of the capital structuring and
distribution group, which is responsible
for bond syndicate, loan syndications,
balance sheet securitisations, private debt
solutions and trade distribution. Jonsson
will continue to be based in Singapore.
Raber and Jonsson were previously co-
heads of CSDG, a group created last year
to bring together private-side distribution
and structuring teams to boost the bank’s
origination capabilities.
Bikash Sarangi , based in Singapore,
becomes global head of credit trading.
Salman Ansari will become head of capital
markets, West, an enlarged role that
includes Europe and the Americas as well
as Africa and the Middle East. Ansari will
continue to be based in Dubai.
Ashish Malhotra , currently global head of
bond syndicate, will become head of capital
MARKETS û!SIAû0ACIlCû%AST û-ALHOTRAûWILLû
manage StanChart’s ASEAN, South Asia and
Greater China & North Asia capital markets
businesses, and will continue to be based in
Singapore.
Spencer Maclean , currently head of Europe
and Americas capital markets, will replace
Malhotra as global head of bond syndicate
and will continue to be based in London.
Jujhar Singh will continue to be global
head of high-yield capital markets and
head of capital markets for South Asia. The
ratings advisory team also reports to Singh,
who continues to be based in Singapore.Jonsson, Sarangi, Ansari, Malhotra and
Singh report to Raber. Maclean reports to
Jonsson.
The latest internal appointments are
just one of several shake-ups StanChart
has announced since Simon Cooper was
brought in to run the corporate and
institutional banking division two years
ago.
In April last year, the emerging-markets
LENDERûSETûUPû#3$'ûWITHINûITSûlNANCIALû
markets division. The creation of a
standalone distribution team occurred
only 18 months after StanChart moved
its syndicated lending team out of the
lNANCIALûMARKETSûDIVISIONûANDûINTOûAûNEWû
lNANCINGûGROUP
The bank has undergone a major
RESTRUCTURINGûSINCEû#%/û"ILLû7INTERSû
took up the reins in 2015, including deep
cuts to its workforce. Winters has struck
a more upbeat tone in recent months,
emphasising the need to position the
bank for growth after tackling most of the
legacy issues.
DANIEL STANTONPlease contact us if you have information about job moves: [email protected]
AUSTRALIA & NEW
ZEALAND BANKING
GROUP has appointed
Jodi West CEO for
Vietnam, effective
August 13.
West, who joined
ANZ three years
ago as head of
institutional foreign
exchange sales for
Australia, reports
to Farhan Faruqui,
group executive forANZ’s international
business.
Prior to joining ANZ,
she held roles in the
foreign exchange
and commodity sales
teams at Citigroup
and Barclays. She
was also head
of corporate and
institutional market
sales at National
Australia Bank. MUFG BANK , the
commercial banking
arm of Mitsubishi UFJ
Financial Group, has
hired Gyan Harlalka
as head of global
markets for India,
effective August 13.
Harlalka was most
recently head of
sales for APAC
ex-Japan at Royal
Bank of Scotland in
Singapore. Prior tothat, he worked at
ABN AMRO.
His predecessor
as MUFG’s head
of global markets
for India, Hirokuni
Tanaka , remains as
general manager of
the Mumbai branch.