Gary Chan resigns as head of ECM at ICBCI

Kenneth Chan, an ex-Citi banker, is promoted as his replacement with immediate effect.

Gary Chan has resigned from his position as head of global equity capital markets at ICBC International after less than two years in the job, a source said yesterday. He is currently on gardening leave but will join a new firm in Hong Kong in a few months.

ICBCI, the international investment banking arm of China’s largest lender, International and Commercial Bank of China, has acted swiftly to fill the gap, appointing Kenneth Chan as the new head of ECM. Chan, who was previously with Citi, is one of several hires made by ICBCI from international banks in the past few years.

Gary Chan...

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