Proof that even a downturn brings opportunities, global executive search firm DHR International has appointed May Tung as managing director of its financial services practice in Asia-Pacific. The hiring of Tung marks the Chicago-headquartered firm's first move into the financial services industry in this region - and it is clearly hoping to leverage the executive-level changes that have been taking place here.
Consider some of the more recent executive-level changes in the region Robert Rankin recently left UBS, where he was head of investment banking for Asia-Pacific, for Deutsche Bank, while Matthew Ginsburg left his job as head of investment banking for Asia-Pacific at Morgan Stanley to join Barclays Capital. Some...