The most recent hire is Alex Pomento, who assumes head of Philippine research. Previously a head of research at CLSA, Merrill Lynch and ING Barings, Pomento has extensive experience within the consumer, retail, media and utility sectors.
Earlier this month, Paolo Periquet joined Macquarie as head of Philippine property research, replacing Gilbert Lopez who has left the firm. Periquet was most recently a senior investment analyst at Sun Life Assurance and he has also developed and managed his own residential support business in the Philippines. This gives him experience both on the sell-side and the buy-side.
ôThe Philippines is an important market for Macquarie, where we already have a well-regarded research team," says Stephen OÆSullivan, MacquarieÆs head of Asia research, in a written statement. "The appointment of experienced analysts such as Alex and Paolo underlines our commitment to both the country and the broader region."
In addition to the Philippine appointments, the firm earlier this month hired Stanley Dunda as head of sales trading for Indonesia. Dunda was most recently head of sales trading and dealing for JPMorgan.
ôStanley brings to us many years of strong relationships in the Indonesian market. The hire of such a senior individual highlights MacquarieÆs commitment to its growing Asian equities business,ö says Chris Gray, the firmÆs head of equities for Indonesia.
Prior to his nine years with JPMorgan, Dunda worked with Caspian Securities, where he was the head of equity, and with BZW.
Macquarie Securities has grown in Asia since its acquisition of INGÆs regional cash equities business in 2004 and now has one of the largest equities research and sales teams in the Asia-Pacific region, according to its own estimates. This includes 193 staff in its Asia research team.
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