BofA Merrill Lynch Global Research has named Claudio Piron as a managing director and head of emerging Asia foreign exchange and fixed income strategy.

Mr Piron will be responsible for creating research products covering the local Asian markets and will work closely with the BofA Merrill Lynch emerging markets fixed income and economics research teams globally in creating actionable investment ideas for clients.

Mr Piron will be based in Singapore and will report to Daniel Tenengauzer, head of global emerging Markets economics and fixed income strategy research and also locally to Hunsoo Kim, director of Asia Pacific research.

Mr Piron joins the firm from JP Morgan where he was the head of Asia foreign exchange strategy for the last six years. Previously he was the global head of foreign exchange strategy at Standard Chartered Bank for four years.

Mr Tenengauzer said: “Asia currencies and bonds account for about half of our overall emerging markets business, and the cornerstone of our global platform is top quality research in Asia. I’m very pleased to have Claudio’s expertise and experience on my team, leading this important initiative.”