Standard Chartered shuffles debt roles

Standard Chartered has reshuffled the deck within its debt business with a number of changes that take effect immediately.

Peter Szekely, previously global head of high-yield debt capital markets, has taken on a new role as head of debt capital markets, Southeast Asia and will be moving from Hong Kong to Singapore. Szekely will continue to report to Henrik Raber, global head of debt capital markets.

Robert Mason, who was previously head of Southeast Asia high-yield debt capital markets, has been promoted to global head of high-yield DCM. Mason had joined the bank last year from BNP Paribas, where he was covering high-yield based in London. He will continue to be based in Singapore.

“As Southeast Asia is one of our most important regions, we want to have a structure to capture the growth,” said Raber in a phone interview with FinanceAsia. “The regional Southeast Asia head will oversee all the DCM business.”

The changes have also come after the bank saw some departures within its high-yield group. In April, Yung Tan, who was the head of the high-yield product group for Northeast Asia and Greater China and Shu Duan, an associate director both left to join BNP Paribas, re-joining their old boss Sameer Sopori, who was previously the global head of high-yield at Standard Chartered.

Raber said that the high-yield team was “filled” but declined to give numbers, and mentioned that there will be another individual joining in Hong Kong in the next three weeks.

Meanwhile, Aaron Russell-Davison has been appointed acting regional head of capital markets, Southeast Asia, in addition to his current role as global head of bond syndicate. Russell-Davison is taking this role over from Cristian Jonsson, who will now focus solely on being the global head of loan syndication. The regional role was previously held by Ling Peng Meng, who left the bank sometime back.

The bank has also seen some departures on its Singapore debt front — with Tan Kee Phong, who headed up Singapore DCM leaving — and Standard Chartered is expected to make announcements on the structure of its Singapore DCM business in coming weeks.