Barclays Capital yesterday announced that Adrian Valenzuela has started work at the bank as head of equities liquid markets distribution for Asia-Pacific.
Valenzuela joins BarCap at the level of managing director and will be based in Hong Kong. He will report to Richard Cunningham, head of equities distribution; Philippe El-Asmar, head of distribution for Asia-Pacific; and Siggi Thorkelsson, head of equities for EMEA (Europe, the Middle East and Africa) and Asia-Pacific.
Valenzuela is responsible for the distribution teams covering all modes of equity execution in the region, across cash, programmes, and electronic, as well as convertibles and equity-flow derivatives.
Until last year he worked with J.P. Morgan in London, where he was global co-head of cash equity sales and equity derivative investor sales. He joined J.P. Morgan from Merrill Lynch in 2007, in a newly created role as head of equity derivatives flow marketing, covering hedge funds and asset management clients for EMEA. During his 19-year career he has also worked at Lehman Brothers and Morgan Stanley.
“[Valenzuela’s] arrival is a notable milestone in the continued strategic expansion of the firm’s Asia-Pacific equities franchise,” said El-Asmar in a statement. “His proven expertise in building top-ranked businesses and strong client relationships make him the ideal candidate to drive forward this important part of our regional client offering.”