Barclays has hired Igor Arsenin as head of emerging Asia interest rates strategy, the bank said in a statement released yesterday.
Arsenin’s role is a new position and he is expected to work closely with Barclay’s global rates strategy team. He started this week, based in Singapore, and reports to Nigel Chalk, head of emerging Asia research.
Chalk joined Barclays from the IMF, where he was a senior economist, in June. He is in charge of the UK bank’s macroeconomic, foreign exchange and interest rate teams across the region, including Australia and New Zealand, but not Japan.
Chalk reports to Piero Ghezzi, head of global economics, emerging markets and FX research, and to Jon Scoffin, Asia-Pacific head of research.
Arsenin joins Barclays after a 16-year career with Credit Suisse, where he was most recently head of Latin America fixed-income strategy, based in New York. During his time in this role, he was responsible for leading the firm’s Latin American and Emea local markets rates strategy teams. Daniel Chodos is now Credit Suisse's Latam fixed income strategist.
“Bringing on board a highly experienced analyst of [Arsenin’s] calibre underlines our commitment to providing a superior full-service research offering to our clients,” said Chalk. “His strong knowledge and experience in emerging markets complements our research capability significantly.”
Barclay's regional rates and foreign exchange team is made up of seven professionals, including Chalk.
In August 2011, the bank poached Olivier Desbarre, also from Credit Suisse, to head its foreign exchange strategy across Asia.