Societe Generale has hired Yang Duan as head of its global markets team for China. Yang previously worked at Standard Chartered, where he was head of fixed-income sales for China.
He replaces Gilbert Tse, who has moved to Lyxor Asset Management to head its China business, and reports to Andrew Wardle, the bank's global markets head for Asia. Yang, who has also worked at French banks Calyon and Credit Lyonnais, will be based in Hong Kong.
In a statement announcing his appointment, SG said that Yang will "help drive the development of the global markets flow trading platform as well as strengthening the bank's reach to Chinese corporate clients".