New head of investment banking for Merrill

Merrill Lynch announces a new head of its Pacific Rim investment banking group.

Merrill Lynch has announced that Damian Chunilal has been made head of its Pacific Rim investment banking group heading the origination and marketing functions in Japan, Asia and Australia. Chunilal will be based in Hong Kong.

He comes in to a new role above the existing heads of investment banking and capital markets in Japan, Asia and Australia, all of whom retain their current positions and will report into him. In Hong Kong that means that Merrill's recently appointed triumvirate of leaders, Erh Fei Liu, Sam Poon and KL Wong, will report into him.

Chunilal's position is on a par with that of Osman Semerci who heads the Pacific Rim global...

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