Bank of America Merrill Lynch has hired Ian Donaldson as a managing director and head of Asia-Pacific developed rates sales.
The bank says that he will work closely with the fixed-income, currencies and commodities sales teams locally, as well as in Europe, the Middle East and Africa (Emea), and the US, to help the bank leverage the growth opportunity across the institutional and central bank space.
Donaldson joins from Goldman Sachs in Hong Kong, where he was a managing director in macro sales, responsible for covering hedge funds, private wealth individuals and centrals for rates, FX and credit and equity derivatives. Prior to that, he was head of European rates sales at Deutsche Bank in London.
He will report to Soofian Zuberi, head of Asia-Pacific global markets sales, and Vinit Sahni, head of Asia and Emea flow rates and currencies sales, and global head of hedge fund and central bank sales for rates and currencies.