Barclays Capital, the investment banking division of Barclays Bank, has appointed Stephen O'Sullivan as head of equity research, non-Japan Asia -- a newly created position for the firm.
O'Sullivan will be responsible for building the firm's equity research platform across non-Japan Asia, including Australia. He will be based in Hong Kong and will report to Stu Linde, global head of equity research, and Jon Scoffin, head of research, Asia-Pacific.
"I am delighted to welcome Stephen to Barclays Capital in this strategic role," said Linde. "We are very excited by the opportunity to create a market-leading equity research platform in non-Japan Asia."
O'Sullivan joins Barclays Capital from Macquarie Securities in Hong Kong, where since June 2007 he was head of research in Asia, including Japan. Prior to that, he was head of research for Europe, the Middle East, Africa and Latin America at Deutsche Bank. O'Sullivan joined Deutsche Bank through its acquisition in 2005 of UFG, the Russian investment bank, in which O'Sullivan was a partner for eight years.
Prior to becoming a banker, O'Sullivan's industry experience includes time at BP and Total, as well as consulting in the oil, gas, nuclear and transport sectors.
Barclays has been building its equities platform since its takeover of Lehman Brothers' US business in 2008. In Asia, recent hires include: Anthony Davies who joined in January as head of Asia generalist sales for non-Japan; the September announcement that James Chen joined as head of programme trading, Asia Pacific; and Michael Kim who joined as head of electronic equities product management, Asia Pacific. In June, Andy Jones was moved out from London to head the newly structured capital markets business (including ECM) with Patrick Kwan. Plus, in September last year, Morgan Stanley veteran Matthew Ginsburg joined as head of investment banking for Asia-Pacific.
