Guy Wylie has become head of the newly combined Asian debt capital markets business for UBS. The appointment comes after the departure of Ranobir Mukherji in December 2009, who started his new role last week as Bank of America Merrill Lynch's head of Asia (ex-Japan and Australia) debt capital markets.
The restructure means that UBS will combine its debt origination business within debt capital markets. Investment-grade and high-yield bonds, special-situation finance, leveraged finance, ratings advisory and corporate derivatives will be merged into a single platform.
Wylie has had more than 14 years of experience in credit-oriented positions across the loan, investment and sub-investment grade bond and restructuring markets. He was relocated to Hong Kong a year ago to head up UBS's Asian leveraged finance and restructuring business.
As part of the restructuring, Ranju Parambi has been appointed executive director for debt capital markets covering South and Southeast Asia. Parambi will report directly to Wylie. Parambi has more than 15 years of experience in DCM, derivative sales and corporate banking. Prior to his appointment with UBS, Parambi was with BNP.
Mohamed Atmani joins the firm as executive director to the leveraged finance team and also reports to Wylie. Previously, Atmani worked in the global markets solution group at Credit Suisse where he focused on leveraged finance and debt structuring across Asia ex-Japan.
After a year working in the portfolio repositioning group, Annalisa Di Chiara has returned to the ratings advisory and leveraged finance business. She also reports into Wylie. Di Chiara has been with UBS for more than eight years.
Other relatively recent hires to UBS's DCM team include Conan Tam, Raj Malhotra and Patrick Liu -- they joined in the third and fourth quarters of last year.
During the past five years UBS have maintained a top six ranking within the international bonds markets for G3 currencies. Last year it participated in 16 deals, with a total value of $4.9 billion. This year UBS was a part of the high-profile $1 billion deal for Bank of China Hong Kong.