Standard Chartered poaches Walkling from UBS

Standard Chartered Bank has appointed Adrian Walkling as global head of financial institutions sales for financial markets. Walkling will be based in Singapore and will report to David Carr who is global head of sales for financial markets.

Walkling joins Standard Chartered from UBS in Zurich, where he was co-head of fixed income, currencies and commodities for Europe, Middle East and Africa (EMEA). Before that he was the head of foreign exchange and money markets for EMEA at the same bank. He has also worked in structuring and sales at Credit Suisse.

At Standard Chartered, Walkling will be responsible for sales of all products, except credit, to institutions globally.

"[Walkling's] wide experience across a range of trading functions makes him the right person to spearhead further growth in the institutional sales business for the bank," said Carr in a written statement commenting on the appointment.

Standard Chartered derives more than 90% of the operating income and profits in its wholesale and consumer banking businesses from Asia, Africa and the Middle East. The London- and Hong Kong-listed bank has weathered the financial crisis better than many of its counterparts and has been using this as an opportunity to hire talent to strengthen its product offering and to move into new areas.