Citi expands CB sales and trading with new appointments

The bank transfers PJ Andersson from New York to become pan-Asia head of equity derivative and convertible sales and makes promotions and hires for its Asia CB trading desk.

Citi is expanding its convertible bonds business in Asia with new appointments in sales and trading within its markets division, according to a release issued yesterday. The bank said it has named Paul J Andersson, better known as PJ, as pan-Asia head of equity derivative and convertible sales and promoted Nick Smith to head of pan-Asia convertible bonds, which is also a sales and trading position. Both roles are new.

Andersson, who is relocating from Citi in New York, will be responsible for the global distribution of all pan-Asia equity derivatives products, including convertible bonds CBs. He will be based in Hong Kong and will report to Adrian Faure, head of equities for...

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