Moves

Phillip Suh, previously CEO at Samsung Asset Management, will replace the retiring Hyon Joo Park.

Sydney-based Ellis has been leading the Australia & New Zealand rates sales franchise and will continue in this role.

Mohamed Braham will assume the Hong Kong-based role in January, while retaining his position as deputy global head of fixed income and currencies.

Cross was most recently chief financial officer at the Asian Infrastructure Investment Bank in Beijing.

Soonwook Kwon was most recently managing director and branch manager at UBS in Seoul.

Nelson has been interim chair since October 1 after Mark Tucker left the global bank to rejoin AIA.

Nakayama returned to Citi in 2023 after a stint at Goldman Sachs; she will report directly to Taiji Nagasaka and Akira Kiyota.

Starting on November 17 Chihiro Ashizawa has joined from Clifford Chance. Meanwhile Ashurst is looking to merge with US law firm Perkins Coie to create a top-20 global firm with a footprint in Apac and the Middle East.

The FSDC's current director and head of policy research will start in February 2026 for a three-year term.