BofA Merrill hires Southeast Asia FIG head

Bank of America Merrill Lynch named Mayank Saxena as head of its Southeast Asia financial institutions group FIG on Friday, replacing Sharhan Muhseen, who joined Credit Suisse earlier this month.

Saxena is based in Singapore and will report jointly to Chris Gammons, BofA Merrill’s head of investment banking in Southeast Asia, and Patrick Porritt, head of Asia Pacific FIG who is joining from UBS. Porritt has not finished gardening leave yet and starts work on August 1.

Saxena will be responsible for deal origination, execution and coverage of financial services clients in Southeast Asia, said Jiro Seguchi, BofA Merrill’s head of Asia Pacific corporate...