Barclays has promoted Alex Aram as head of credit trading operations for Asia Pacific alongside the appointment of two new directors, according to a memo sent to staff on Monday and seen by FinanceAsia.
The two directors were recruited from Standard Chartered.
The promotion and appointments underscore the UK Bank’s desire to expand its credit trading business, widening coverage of investment grade, high-yield and distressed debt in the region under a unified structure.
Aram previously led the bank’s distressed debt business in the region, as well as convertible bond trading for equities.
“We have made good progress in Asia Pacific...