China Renaissance hires MacInnes to lead US arm

China Renaissance has appointed Andrew MacInnes, an experienced financier in fintech and investment banking, as chief executive officer of its US arm, underscoring the Chinese boutique investment bank’s growing overseas ambitions.

In a press release on Wednesday, China Renaissance said MacInnes in the newly created role will lead a 10-person team in New York and report to Jason Lam, president of the bank’s Hong Kong office.

Set up in 2004, China Renaissance is one of China's fastest-growing investment banks with strong ties to the country’s technology start-up community.

Already a major player in China's buoyant TMT sector, the...