Macquarie hires Jae Won Lee to head Korea ECM

Macquarie Group has hired Jae Won Lee as head of equity capital markets in Korea as it continues to build a presence in this country, according to sources. Lee has a lot of experience in Korean banking, having worked with a variety of firms in this market. At Macquarie he will be responsible for developing the bank's ECM and advisory business.

Lee is joining from ABN AMRO part of the Royal Bank of Scotland where he was manager of the Seoul branch and head of the Korean MA and ECM business. Prior to ABN, he worked with ING Securities which in 2004 sold its equity capital markets business to Macquarie where he was...