Barclays poaches HSBC’s O&G banking chief. Jorge Martinez, HSBC’s head of oil and gas banking in Asia, has left the British lender for Barclays where he will hold the same position. Martinez, who joined HSBC in 2012, will join Barclays in August. Prior to working at HSBC, he spent three and a half years as an oil and gas banker for UBS in Hong Kong. Reuters
Singapore Exchange has new CEO. Loh Boon Chye has been named CEO of the Singapore Exchange and he will take the role on July 14, 2015, according to a statement on the stock exchange’s website. He will replace Magnus Böcker who will leave the bourse on June 30 this year.
The 51-year-old Loh is a 26-year capital markets veteran and is a familiar face at the SGX having served as a director of the exchange from 2003 to 2012. He began his career as investment officer at the Monetary Authority of Singapore in 1989, joining the Singapore branch of Morgan Guaranty Trust of New York in 1992. He then spent 17 years (1995 to 2012) at Deutsche Bank in Singapore, where he held various posts such as chief executive of the global markets division, among others.
Prior to his appointment at SGX, he was with Bank of America Merrill Lynch, where he served as deputy president and head of global markets for Asia and the Pacific since 2012.
UBS names new China head and securities chairman. The Swiss bank has appointed Eugene Qian as country head and president for China, UBS said in a statement on its website. He joins UBS from Citi China where he was president and a board director.
Qian worked at UBS from 1996 to 2003 in the lender’s investment banking division in Hong Kong, specializing in originating and executing cross-border M&A, corporate advisory ad capital market deals for Asian and Chinese power and energy firms. He then joined Deutshe Bank as head of natural resources for Asia ex-Japan, and was also a member of the APAC global banking executive committee.
Qian left UBS in 2007 to take a job at Citi, where he held various senior posts including head of China corporate and investment banking, as well as co-head of China investment banking.
UBS has also named Di He as chairman of the board of UBS Securities in China. He joined UBS in 1997 and became head of China for its investment banking division after the merger of UBS and Swiss Banking Corp. In 2001, he was promoted to vice chairman of investment banking.
Under his stewardship, UBS built its domestic securities platform and obtained the bank’s first QFII license in the mainland.
Qian and He will both report to Chi-Won Yoon, UBS president for Asia Pacific.
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