The Royal Bank of Scotland announced yesterday that it has created a new coverage and origination banking team for Asia-Pacific as part of a regional realignment.
The team will be led by John Mullins, currently head of corporate and financial institutions debt origination for Asia-Pacific. Mullins will report regionally to John McCormick, CEO of global banking and markets Asia-Pacific, and globally to Marco Mazzucchelli, deputy CEO of global banking and markets as well as head of coverage and origination for Europe, the Middle East and Africa.
The new organisational structure will allow the firm to focus on financing and risk management across public and private transactions, including debt and equity in local, regional and global markets. It will also "facilitate a more cohesive, focused and efficient delivery to our wholesale clients", McCormick said in a press release.
Mullins joined RBS in Japan in 2003 as a managing director to establish a capital markets business in Asia. He was appointed head of global banking and markets for Japan in 2004 to expand the Japanese business across multiple products and subsequently assumed the role of head of debt markets origination Asia-Pacific, in 2006. He moved to Hong Kong in 2008 to head corporate and financial institutions debt origination for the region.
Mullins had previously worked for Bankers Trust and Daiwa Securities in New York. After 10 years in the US, he moved to Tokyo in 1999 to re-establish ING Barings' structured finance business in Asia.
The new Asia-Pacific coverage and origination banking department will include several businesses, and some new team members.
- News
-
Investment Lifecycle
Deals & Trends
Rainmakers
Regions
- Research
-
- Awards
-
- Events
- Photo Gallery
