Credit Agricole Corporate and Investment Bank has joined the list of banks bulking up their Asia ex-Japan fixed-income businesses, with the announcement yesterday that it has hired five bond origination, sales, trading and research specialists. The new hires all have several years of experience within the region at various banks, and are based in Hong Kong. All five were recruited from outside the bank, and have already started.
Jackson Lum has been made executive director of debt capital markets origination for the region. A 15-year leveraged finance and high-yield veteran, he reports to Swaroop Patel, head of debt and credit markets for Asia ex-Japan. Previously, Lum worked at Bank of America as a principal of the leveraged finance group in Hong Kong, and prior to that, he worked in New York with Deutsche Bank and Societe Generale.