Barclays has appointed Pamela Yeung as its managing director and head of equity capital markets origination for the Greater China region – one of three new hires as the British bank looks to beef up its Asian investment banking operations.
In an internal memo sent to staff on Wednesday and seen by FinanceAsia, Barclays said it hired Angela Hu as its head of China financial sponsors and China coverage banker to strengthen its product offerings and mergers and acquisitions advisory for Chinese clients. It also named Takeshi Sugiyama, a Nomura veteran, to oversee its Japan consumer and retail business.
Yeung and Hu, previously at China Minsheng International Holdings and JP Morgan, respectively, are based in Hong Kong, whilst Sugiyama will be in Tokyo.
“These appointments are clear examples of Barclays’ commitment to strengthening our franchise in the region,” Reid Marsh, co-head of investment banking in the Asia-Pacific region for Barclays, said in the statement.
With more than 15 years of experience in capital markets origination, Yeung will help the bank to expand its business in equity-linked financing and offshore initial public offerings, Barclays said.
Yeung joined Barclays from China Minsheng in July. Prior to that, Yeung spent seven years running Greater China equity-linked origination at Citigroup, where she provided product solutions to state-owned enterprises and private sector companies.
Hu, meanwhile, joined Barclays from JP Morgan, where she was an executive director leading China financial sponsors deals, including the origination of Chinese mergers and acquisitions and debt offerings. Before that, from 2006 to 2008, she was a vice-president with Merrill Lynch in Hong Kong. Hu reports to Vanessa Koo, Barclays’s head of M&A for Asia Pacific and head of banking for Greater China.
Sugiyama joined Barclays after 18 years with Nomura in Tokyo and New York. He was most recently an executive director of the consumer and retail investment bank unit at Nomura. According to the memo, he is expected to look after consumer and retail clients seeking overseas expansion.
