ABN AMRO's Asia financial markets division has announced three new appointments in Hong Kong and Singapore, with Greg Major, Jacqueline Tan and Rajiv Baruah all taking on new senior positions.
Major became the Dutch group's head of fixed income, Asia from 1 February 2005 and moves to the newly created role from ABN's financial markets advisory team. Reporting to Niall Cameron, the London-based global head of fixed income, Major assumes responsibility for developing a unified offering for the fixed income business in the region, including Japan, by aligning origination, sales and trading resources.
To the newly created role in Hong Kong, he brings an understanding of the needs of Asian clients and local industry, having worked in Asia for five years before his previous position in London. Also, Major will draw on his experience in integrating and managing large teams and sizable fixed income and derivatives product knowledge to the position.
Based in Singapore, Tan moves into the position of head of derivatives sales and marketing, North Asia and will be responsible for the marketing of liability-based solutions and local currency asset-based solutions for North Asia. Under the new guise, she will also lead ABN's asset liability management (ALM) solutions and ECM/CF - derivatives JV initiatives for the Asian region.
She moves to the job internally and most recently focused on derivative sales and marking in Taiwan and ALM solutions for insurance and pensions industry for North Asia and Singapore.
Joining Tan in Singapore, Baruah will take on a similar role, but will focus his efforts on the South Asia markets for ABN. As head of derivatives sales and marketing for this region, Baruah assumes responsibility for the marketing of liability based solutions and local currency asset based solutions for South Asia. In addition, his job description entails handling its derivatives sales drive for both South Asia and Southeast Asia on both the asset and liability side.
Baruah's previous position with the bank was head of primary origination derivatives structuring. Both Baruah and Tan will report to the Amsterdam-based Denis McHugh, global head of derivatives sales and marketing.