Lehman gets new Asian ECM head

Firm internally relocates new head of Asian ECM from London.

Lehman Brothers has continued its regional hiring push, bringing David Douglas out from its London operations to take on the position of head of Asian equity capital markets ECM. In total, Douglas brings over 20 years of experience to the Hong Kong based role and will report to Joonkee Hong, Lehman's managing director and head of global finance, Asia-Pacific.

Since joining Lehman Brothers in 2002, Douglas has played an integral role developing the firm's European ECM franchise. Based in London, he was responsible for the US investment bank's French ECM activities.

For example, he was heavily involved in advising France Télécom on the 1.44 billion $1.76...

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