People

Mr. Yann Garnier has been appointed Head of Structured Product Sales of the Global Equities & Derivatives Solutions division for Asia Pacific by the Société Générale Corporate & Investment Banking.

Aviva plc, the international savings, investments and insurance group, announced the appointment of William Lisle as Regional Director of its senior management team in Asia.

BNP Paribas Investment Partners has announced the appointment of Jean Audibert as president of New Markets Asia (Hong Kong) and Patrick Mange as deputy CEO of Shinhan BNP Paribas Asset Management (Seoul).

HSBC announced the appointment of Matthew Cannon as managing director, treasurer and head of Global Markets, Korea. Cannon is responsible for managing the bank’s Global Markets activities including foreign exchange and money markets as well as fixed income and derivative trading and sales.

ING, a global financial institution of Dutch origin, announced today that in light of the extraordinary developments over the past few months and given his personal condition, Michel Tilmant will step down from the Executive Board as of today. Michel Tilmant will be an advisor to the company until his retirement from ING on August 1, 2009.

O’Melveny & Myers LLP announced on January 21 that Dean Collins, an experienced fund formation lawyer, has joined its Asia practice as a partner and a member of the Firm’s Investment Funds and Securitization Practice Group. He is resident in the Firm’s Singapore office.

UBS announced today it has appointed Timothy Chia as Vice Chairman of UBS Investment Bank in Asia. Timothy Chia, Deputy Chairman and Group Chief Executive of SGX-listed Hup Soon Global Corp., has been appointed Vice Chairman of UBS Investment Bank. His primary focus will be overseeing significant client relationships, major transactions and important strategic initiatives in the Asian region.

Reflecting its ongoing commitment to Japan, UBS has appointed Toshiharu Kojima as Country Head Japan, and Chairman and Chief Executive Officer of UBS Securities Japan (UBSSJ), effective 21 January 2009.

Nomura, the pre-eminent global investment bank, announced the appointment of six senior bankers to its Non-Japan Asia investment banking team, emphasising the firm's commitment to expanding its coverage and strengthening its offering to clients in the region.

UBS Global Asset Management Japan appointed Susumu Okamura as president and representative director, effective immediately. Okamura assumes the role from Christof Kutscher, member of UBS’s Group Managing Board and head of UBS Global Asset Management for Asia Pacific, who has concurrently held the position of President and representative director of UBS Global Asset Management Japan since June 2007.Most recently head of the institutional marketing and products for UBS Global Asset Management Japan, Okamura brings a wealth of experience to the role. Before joining UBS in October 2005, he spent 20 years working for Dai-ichi Mutual Life Insurance Company in a variety of senior positions in Japan and the US. In 2000, he was named president and CEO of the US division of DIAM Co., Ltd. In the new role, Okamura will continue report to Kutscher, who will relocate to Hong Kong to focus on his role as Head Asia Pacific.“I am confident that Okamura-san’s experience and wide-ranging knowledge of the funds management industry will provide further momentum to UBS Global Asset Management Japan’s strategy of further enhancing its engagement with Japanese clients while, at the same time, delivering UBS’s global expertise and resources,” said Kutscher.“We have repositioned our Japan business over the past two years; especially our wholesale, mutual fund business which is thriving notwithstanding the difficult market conditions. With Okamura-san at the helm we will provide our clients in Japan with top service and products tailor-made for the Japanese market,” said Kutscher.Okamura received a Masters of Business Administration from Columbia University in 1994 and a Bachelor of Law degree from the University of Tokyo in 1985.

UBS Wealth Management announced a series of key strategic hires in Hong Kong and Singapore in its commitment to maintain its market-leading business in Asia Pacific. Adeline Chien joins as a managing director in Hong Kong. Chien, who was at UBS Wealth Management between 1995 and 2004, joins from Goldman Sachs, where she was executive director for Private Wealth Management. She has more than 15 years of experience in private banking and, previously, worked for American Express Bank, Citibank and Chase Manhattan Bank.J P Upadhyaya joins as an executive director in Hong Kong. Upadhyaya joins from HSBC Private Bank where he was senior director and team head covering the Indian diaspora in the region. Before that, he held a variety of senior positions in private and commercial banks including MeesPierson/Fortis Bank and UCO Bank. He has eight years experience in private banking and 20 years in commercial banking.Agnes Kuan joins as an executive director in Hong Kong. For the last 12 years Kuan worked for Merrill Lynch Global Wealth Management, most recently as a vice president and portfolio counselor with the managed products group.Beefing up the team in Singapore are three senior hires, Irene Tan, who joins as a managing director, Jonathan Ng and Ong Lay Khiam who join as executive directors.Irene Tan was executive director at HSBC Private Bank covering South-East Asia clients and has 20 years experience in wealth management having worked with Overseas Union Bank, Credit Agricole Indosuez and Coutts Bank.Jonathan Ng was senior director at HSBC Private Bank responsible for South-East Asia client relationship development. He has 13 years experience in wealth management and previously worked for Credit Agricole Indosuez and Coutts Bank.A veteran corporate banker, Ong Lay Khiam has worked in the banking and finance industry in Singapore since 1971, principally as a commercial banker where he has held several senior positions. These include: vice president of the national banking group at DBS Bank; director and executive vice president at Tat Lee Bank; general manger, corporate banking at Keppel Tat Lee Bank; and executive vice president, at Hong Leong Finance. Ong is an Honorary Council Member of the Singapore Chinese Chamber of Commerce and Industry and an Adjunct Associate Professor attached to the Nanyang Technopreneurship Center of the Nanyang Technological University.“Despite challenging market conditions, UBS continues to focus on enhancing its franchise by selectively hiring experienced bankers. I am confident that the new additions will provide our business with further impetus as we continue to enhance our services into different client segments,” said Kathryn Shih, Head of UBS Wealth Management, Asia Pacific.“Hong Kong and Singapore are key markets for UBS. The arrival of this wave of new talent will not only bolster the high quality of the services we offer but will also underline UBS’s commitment to building its wealth management business in Asia”, she added.All appointments are effective immediately.UBS Wealth Management has in excess of 1,000 client advisors across Asia Pacific – the largest wealth management team in the region.

HSBC announced the appointment of Kenichi Tatsuzawa as Head of Global Markets, HSBC Securities (Japan) Limited. Tatsuzawa is responsible for managing fixed income, equities, treasury and foreign exchange operations in Japan. Locally, Tatsuzawa reports to Yoneo Sakai, chief executive officer, HSBC Securities (Japan) Limited and functionally to Gordon French, managing director Sales and Regional Treasury Management, Global Markets, Asia-Pacific. Tatsuzawa replaces David Jacob, who has returned to London to assume the role of Head of Regional Treasury, Europe, Middle East and Africa.Anita Fung, Group General Manager, Treasurer and Head of Global Markets, Asia- Pacific, HSBC, said: “Japan is a significant part of HSBC's treasury operations in Asia. Our strong balance sheet and expansive international network enables us to provide clients in Japan access to a full range of products and services from across Asia and other regions. HSBC's local presence in Japan also ensures our clients have access to one of the world's largest financial markets.”Yoneo Sakai, Chief Executive Officer, HSBC Securities (Japan) Limited, said: “We are delighted to promote Kenichi to this position. His extensive global markets experience, particularly in fixed income and derivatives sales, will help us further expand our securities franchise in Japan.”Tatsuzawa was previously Head of Fixed Income Sales. He joined HSBC in 2005 after serving as Head of the Global Markets Group at Bank of America in Japan and Head of Fixed Income Sales at Merrill Lynch in Japan.