This appointment is an important step in VTB Capital’s strategy to expand its business lines and further strengthen the company's position in the Asia-Pacific region.
In his new role Fung will be responsible for VTB Capital’s regional development of structured finance business. He will be based in Hong Kong and will report directly to Peter Firmin, Head of International Private Finance Structuring at VTB Capital, and regionally to Damian Chunilal, CEO Asia at VTB Capital.
With his excellent knowledge of the Asian financial markets, Fung has extensive experience in structured finance and fixed income operations. Since 2006, Fung served as Head of the North Asia and Emerging Markets Financing Group at Credit Suisse. From 1999 to 2006 he was Vice President at Citigroup Global Markets Asia Limited, covering the company’s development of structuring and fixed income business in Asian markets, particularly in China.
Commenting on the appointment, Damian Chunilal said: 'Jason Fung is a high-level professional with wide experience in the Asian markets. I am very pleased that Jason has joined the VTB Capital’s team and I’m confident that his appointment will enable us to successfully develop the structured finance business in Asia'.