Barclays Capital said yesterday that it has appointed Jacqueline Tan to a newly created position as head of the risk solutions group for Southeast Asia, based in Singapore. She started work on December 2.
Tan was poached from ABN AMRO where she has held several positions since 1996, most recently as head of corporate risk solution sales for Asia, operating out of the Lion City. She also had an earlier spell at J.P. Morgan.
In her new role, Tan is responsible for overseeing the delivery of risk solutions -- mainly hedging activities -- across all asset classes, such as foreign exchange, commodities and interest rates, to Barclay's investment banking clients in Southeast Asia.
Her appointment represents a further step towards Barclay's strategic aim to build up its investment banking business within the region.
Tan, whose job title is managing director, reports to Patrick Kwan and Andrew Jones, co-heads of global financing and risk solutions for Asia-Pacific, and to Lutfey Siddiqi, head of corporate FX & FX distribution, Asia-Pacific. Jones and Sidiqqi are both based in Singapore, while Kwan resides in Hong Kong.
"[Tan] has been appointed to further accelerate the expansion of the strong risk solutions business that we have built in Asia-Pacific," said Kwan in a press release yesterday. "She brings with her a breadth of experience and expertise in the region and her leadership will further enhance our service offering to this important segment of our client franchise in Asia-Pacific," he added.