Credit Agricole Corporate and Investment Bank has appointed Pao Chatakanonta as its new head of fixed-income markets for Thailand. Pao, who has over 16 years of experience in fixed income in Asia, is replacing Mark Parsley who has been appointed head of trading for interest-rate derivatives in Europe, the Middle East and Africa (EMEA). Parsley is now based in London.
Pao, who is based in Thailand, is responsible for overseeing the fixed-income markets business in the country. This includes foreign exchange, interest-rate derivatives, debt and credit markets, commodities and treasury. He reports to Thierry Hebraud, senior country officer for Thailand, and to Graham Williams, head of fixed-income markets for Asia ex-Japan.
Pao previously worked at Standard Chartered in Singapore as head of rates products for Southeast Asia. Before that, he spent nine years at HSBC where he held various trading roles in treasury and capital markets in Thailand.
“Pao’s appointment is another step towards strengthening our client-focused franchise and driving our ambitious growth plans for financial institutions business in Asia,” Patrice Couvègnes, Credit Agricole's senior regional officer for Asia, said in a release.
