Commerzbank Corporates & Markets Continues To Build Asia Franchise

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Commerzbank Corporates & Markets (C&M) has announced that it has made a number of hires across its Asian business.

New hires to the Fixed Income and Currencies (FIC) division:


Mark Portlock has been hired as Head of FX Spot Trading Asia. He will report locally to Paul Durrant, Head of FIC Trading Asia, and globally to Christian Drueke, Head of FX Spot. Portlock has been in the foreign exchange market for over 17 years, working most recently for UBS AG in Singapore as a senior FX Spot trader.


Jason Chauval has joined the eFX Trading team in Singapore as Head of e-Options & Algorithmic Trading, Asia. Chauval is an experienced trader: during his 25 year career he spent five years developing and implementing systematic trading models across FX and Futures Markets. Prior to joining C&M he was Head of eFX Trading for ANZ in Melbourne. He will report into Paul Scott, Head of eFX based in Singapore.


Hidetaka Namiki has joined the FIC Trading team in Singapore, as a US Treasuries Trader. Namiki has spent 20 years in the capital markets and was most recently at Cantor Fitzgerald Capital Markets Singapore. He reports locally to Paul Durrant, Head of FIC Trading Asia.

Joseph Xie and Alvin Giang have joined the newly established Local Markets Trading team in Shanghai. Xie has been in the financial markets since 2003 and most recently he worked for UBS AG in Beijing. Giang has joined C&M from ANZ Bank, China where he was Head of Rates and Balance Sheet.

A further addition to the FIC trading desk is Peter Phelps who as an experienced trader takes on a role in the FX Forwards team in Singapore. Phelps has two decades of experience in the foreign exchange markets and was most recently at Societe Generale Australia.


The FIC Sales division has added Desiree Ma as Head of Corporate Sales International, South China. Prior to this role she was Associate Director, Global Corporate Sales, at Standard Chartered Bank in China.

Kwok Aun Tan has recently joined FIC as a director in the Structured Derivatives Sales team, based in Singapore. He will focus on developing C&M’s derivatives presence in the Singaporean markets. He joins C&M from Standard Chartered Bank.

Jay Lee Jong-Song has been appointed to the FIC Sales team in Singapore, with a remit to market FIC products to the Korean market. Jong-Song was previously at Jefferies Singapore, and has held positions at Knight Libertas, Calyon CIB and Fortis Bank. He will report to Tan Kok Wee, Head of FIC Sales Asia.

Patrick Bei has started in the FIC Sales team in Hong Kong, focusing on coverage of the China financial institutions market. Bei has over 20 years of experience in the fixed income business and has solid relationships with Chinese investment companies. Based on his deep knowledge of and insight into China's financial services industry, Bei will support C&M’s efforts in this key market. He will also report to Tan Kok Wee.


New appointments to the Equity Markets & Commodities (EMC) division:


Maggie Chen has joined the Hong Kong office as Head of Institutional Sales, Taiwan in the EMC division. Chen has spent the last two years working in Seattle USA for Lorig Real Estate, and before this held a similar role at Commerzbank Hong Kong Branch. She will drive the sales force for Taiwan with a focus on commodity structured products.

Kingston Lai has started at C&M as EMC Head of South East Asia Sales. The Malaysian national joined the Hong Kong office to run the sales operation for Singapore, Malaysia, Philippines and Thailand. Lai was previously at Societe Generale Hong Kong where he was Head of Structured Products Sales.

Along with the new hires in FIC and EMC, C&M is also pleased to welcome:

Charlie Lay as an Emerging Asia FX & Rates Strategist reporting into Dr Michael Ganske, Head of Emerging Markets Research. Lay will be broadening C&M’s emerging markets research capability in the region and is based in Singapore. He has held roles at ING, Credit Suisse and more recently at Forecast.

Eunice Tan as a Client Relationship Manager, focusing on the insurance sector. Tan has an in-depth knowledge of the insurance business in Asia, and was previously an Associate Director in Standard & Poor’s for financial institutions ratings. She will be based in Singapore and reports to Nick Johnston, Head of Corporates & Markets Asia.

Nick Johnston, Head of Corporates & Markets Asia commented: 'Since summer 2010, we have made a number of key hires across our Fixed Income & Currencies, Equity Markets & Commodities and Corporate Finance divisions to support the growth of our focused client-centric business in Asia. We are very pleased to welcome these new joiners to Corporates & Markets, who will assist us in leveraging our client franchise and core product strengths. As one of the leading banks in Europe’s largest economy, we are well positioned to provide Asian investors with a meaningful window into Europe and will continue to build on that strength'.

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