Bank of America Merrill Lynch said on Monday that it has named Winston Cheng as head of Asia technology, media and telecommunications (TMT) within its investment banking department. It is the latest hire the bank has made to further build its IB platform in the region.
Cheng will be based in Hong Kong and report to Jayanti Bajpai and Jiro Seguchi, co-heads of Asia-Pacific global corporate and investment banking, and Chet Bozdog, co-head of global TMT.
Cheng joins from Goldman Sachs where he was the head of Asia ex-Japan technology. Between 2011 and 2012, Winston was also head of the Asia ex-Japan consumer retail group while maintaining coverage of key TMT companies in the region. Prior to Goldman Sachs, Winston spent more than 10 years at Citi, where he was a director in the Asia TMT group, after several years in the New York and Palo Alto offices.
Cheng has filled a position that has been open since Robert Chiu left last year. Chiu is currently the president of Shanda Interactive Entertainment and also serves as chairman of Cloudary.
