Schmidt shifts to ING

ING has announced the appointment of Florian Schmidt as co-head of Asian debt capital markets. Schmidt will be based in Singapore, but will work alongside co-head Ehwan Hahm, who is based in Hong Kong.

He joins his new firm from Banc of America Securities (BoA) and will start work on March 1. He will report locally to Elbert Pattijn, head of debt products origination and functionally to Philippe Follebouckt, global head of debt capital markets.

At BoA, Schmidt spent three years as co-head of debt capital markets origination for Asia emerging markets also based in Singapore. During his time at BoA, the group originated and executed its first international benchmark bond from Asia.

Prior to BoA, Schmidt spent a number of years in the debt capital markets group at HSBC, and has also been head of Asian debt origination for Nomura. He first came to the region with Deutsche Bank, where he worked in the German bank's debt capital markets and corporate finance divisions.

ôWithin the debt products team û debt capital markets, securitization and loans syndications - we completed a number of high profile transactions across the products, but felt that DCM needed more senior support, particularly as we see the G3 bond market continuing to develop,ö says Pattijn. ôFlorianÆs long-standing experience in Asian and emerging markets debt will help ING field a team of senior bankers who can ensure that we always deliver flawless execution.ö