Moore will assume responsibility in September. He will be in charge of building new business lines and products, advising clients, managing teams and generally guiding the strategic direction of the business. Based in both Tokyo and Hong Kong, he will report to Michel PTretiT, head of Europe and Asia.
Bear Stearns has created this new position as its business in the region has reached critical mass. An additional executive manager is needed to take responsibility for the overall business and to help the management teams in each country.
ôOur business in Asia is growing at a significant rate and we are committed to increasing our investment in people and technology to deliver the best products and services to our clients,ö says PTretiT in a written statement. ôJohn is a great manager and business leader who has already played a big part in the growth of the firm. He is ideally suited to working with the talented team in Asia to take that business to the next step in its rapid development.ö
Moore joined Bear Stearns in 2001 as global head of agency capital markets in New York. In 2004 he moved to London to manage fixed-income sales and trading, and in 2006 became co-head of fixed income for Europe and was appointed a member of the European executive committee.
The companyÆs core business lines include institutional equities, fixed income, investment banking, global clearing services, asset management, and private client services.