People Moves
Who's Moving Where In Wealth Management? – ICBC, Natixis
The latest moves and appointments for senior roles for Asia-Pacific wealth management.
ICBC
Industrial and Commercial Bank of China (ICBC) has announced
that its chairman, Chen Siqing, has resigned.
The group, one of China’s largest banks which includes private banking in its service lines, said that Chen Siqing has resigned “due to his age” rather than because of any disputes with colleagues.
“Chen Siqing has confirmed that he has no disagreement with the board of directors of the bank and there are no matters relating to his resignation that need to be brought to the attention of the shareholders and creditors of the bank,” ICBC said in a statement late last week.
Chen Siqing served in the role for five years.
Natixis
The corporate and investment banking arm of Natixis, part of
France-headquartered of Groupe BPCE, has made a number of hires
for its Asia-Pacific global markets team.
The hires are:
-- Olivier Abitbol, head of flow rates sales, Asia-Pacific, based
in Singapore;
-- Min Ni, joined to cover liquids and forex trading, based in
Shanghai;
-- David Rebibo, joined to cover global market sales, based in
Hong Kong;
-- Guo Sheng Soh, joined to cover fixed income sales, Southeast
Asia, based in Singapore;
-- Kelvin Sze, joined to cover emerging market trading, APAC,
based in Hong Kong;
-- Cliff Choute, joined as head of market making index trading,
APAC, based in Hong Kong;
-- Ilan Guez, joined as head of equity stock trading, APAC, based
in Hong Kong;
-- Ting Ting Rao, joined to cover equity financial engineering,
based in Hong Kong; and
-- Kai Zhi Woo, joined to cover solutions sales, Southeast
Asia, based in Singapore.
Japan
Natixis CIB also made a number of hires in Japan:
-- Hidetomo Kurachi, head of cross asset solutions
sales;
-- Hiroto Minagawa, cross asset solutions sales;
-- Tomokazu Matsuo, head of equity financial
engineering;
-- Aki Nitaburu, macro sales; and
-- Tetsuya Onishi, head of GSF solution marketing and fixed
income financial engineering.