February 14, 2018
Good morning. In today's edition of AsiaMoves we report on job changes at Morgan Stanley, Goldman, UOB and many more. Please send along moves in Asia's financial sector to firstname.lastname@example.org. Thanks for reading.
Morgan Stanley names Simon Herrmann head of Asia FIG, Mohamed Atmani head of Sponsors
“Morgan Stanley has appointed Simon Herrmann as head of Asia Pacific financial institutions group and Mohamed Atmani to head the region’s financial sponsors group, according to internal memos seen by GlobalCapital Asia. Herrmann is taking over from Marie-Soazic Geffroy, who has moved to Europe to assume her new job as vice-chairman of the investment banking division.” Source: GlobalCapitalAsia
Goldman Head of Asian Prime Services Consulting Katherine Abrat Said to Quit
Abrat was at the bank for 7 years and was previously Regional Counsel Asia Pacific at Janus Capital. Source: Bloomberg, Linkedin.
ZZ Capital International’s CEO Resigns
“The chief executive officer of Hong Kong-based private-equity firm ZZ Capital International Ltd. has resigned. Michael Cho, a key figure in the international expansion plans of ZZ Capital’s billionaire Chinese owner Xie Zhikun, is resigning after less than two years as CEO “owing to relocation due to illness in the family,” the company said in a statement to Hong Kong’s stock exchange Friday evening. Mr. Cho, a former Merrill Lynch investment banker, told The Wall Street Journal in 2016 that he wanted to build ZZ Capital to challenge the world’s largest private-equity firms, including New York-based KKR & Co., using billions of dollars of funding that he said Mr. Xie would provide.” Source: WSJ
UOB Hires ex-Citi’s KV Anup Kumar as senior IT infrastructure head
“UOB has taken on a senior IT infrastructure head, who spent more than 10 years at Citi, in another sign that Singaporean banks are flexing their muscles in the local technology recruitment market. Industry veteran KV Anup Kumar resurfaced in UOB’s business technology service unit last month, having left Citi in April last year, according to his public profile. His move to UOB reaffirms the ability of Singaporean firms to hire tech professionals who have been in the upper ranks of global banks. Citi and Standard Chartered are particularly popular hunting grounds for local banks because of their large IT headcounts in Singapore.” Source: efinancialcareers
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