Credit Suisse has expanded its global foreign exchange (FX) sales platform in Asia Pacific with six new appointments in Japan, Singapore and Hong Kong, to enhance fixed income product expertise and coverage. The new hires will report to Ivan Chan, director, head of global FX sales Asia, based in Singapore.
The Swiss group said that Masaru Mizukami joined as a director based in Tokyo. He will be responsible for heading the marketing of managed account fund and structured products to corporate pension funds, as well as managing FX prime brokerage client relationships in Japan. Mr Mizukami joined from Calyon Securities.
Kazuo Kitazawa joined as a director based in Tokyo, focusing on building up FX franchise with Japanese corporates and retail aggregators. Mr Kitazawa joined from Deutsche Bank.
Yan Qin joined FX sales as a director based in Hong Kong. He will be responsible for building up client franchise amongst Chinese financial institutions and sovereign wealth funds. Mr Qin joins from JP Morgan in London where he covered central banks and proprietary trading desks.
Alan Thomas joined as a director and head of private bank sales for FX based in Singapore. He will be responsible for building up the structured FX flow business for private banks in the region. He joins from Bank of America Merrill Lynch, where he was most recently the head of FX business for global wealth management for Europe and Middle East.
Angelia Tan joined as a director on the hedge fund desk based in Singapore. She joined from Bank of America Merrill Lynch, where she held a similar role.
Ben McColl joined as a director on the hedge fund desk based in Singapore. Mr Ben was most recently at Deutsche Bank in New York.
Carsten Stoehr, head of fixed income Asia Pacific at Credit Suisse, said: “Asia Pacific represents one of the biggest growth opportunities in our roadmap to become a top-tier global FX provider. These hires complement our onshore emerging markets rates & FX expansion in the region.”