commonwealth-bank-appoints-two-debt-execs-in-asia

Commonwealth Bank appoints two debt execs in Asia

Yun Ling Chan and Rowan Luke make the move to Hong Kong.
The Commonwealth Bank of Australia (CBA) has made two key appointments in its Asian global markets business naming Rowan Luke as regional head of debt capital markets and hiring Yun Ling Chan to the position of head of global markets for Greater China. The two will be based in Hong Kong.

Luke is an internal transfer from the bankÆs Sydney headquarters where he has worked in CBAÆs debt capital markets team for the last 11 years. His job in Hong Kong, which he assumed in October, is a newly created role and will see him build on the bankÆs niche and nimble DCM business in the region. His main focus will be to assist Asian firms in raising funds in Australian dollars and other currencies.

Luke will report to Marten Touw, head of CBAÆs global markets business in Sydney.

Chan joins the bank from Shanghai Pudong Development Bank in China where she was head of treasury and markets. Prior to that, she was head of treasury and fixed-income marketing at OCBC Bank in Singapore. Her career has also included stints at Shinsei Bank in Tokyo, Citibank in Hong Kong and seven years at BNP Paribas in Hong Kong.

As CBAÆs head of global markets for Hong Kong, Taiwan and China, she will be responsible for all sales and trading activity in the Greater China region. Her product suite will include foreign exchange, interest rate derivatives and structured products such as EMTNs.

Chan will report to head of product trading, Vincent Hua.

CBA has been an active player in AsiaÆs loan market. Its recent deals include leads roles in: a $200m transferable loan facility for KoreaÆs Pusan Bank; a $350 million five-year term loan facility for Nine Dragons Ltd; and a $110m five-year fixed-rate bond for Leighton Finance International which was ring-fencing the Indonesian operations of Leighton Holdings.

In November, the bank was mandated as lead arranger for a $1.013 billion 10-year term loan facility for China Oil & Gas Fund.
¬ Haymarket Media Limited. All rights reserved.

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