damian chunilal

In times of low growth and low rates, high-dividend stocks are most attractive, while Asian investors are interested in Russian fixed-income markets and direct investments, says VTB Capital.

Roger Suyama joins the Russian investment bank as it continues to expand in Asia-Pacific.

VTB Capital has hired former Merrill Lynch banker Damian Chunilal as CEO of its Asia team.

Jayanti Bajpai and Jiro Seguchi will be jointly accountable for corporate and investment banking in Asia, taking over from Jim Forbes who replaced Damian Chunilal in November.

As Merrill Lynch and Bank of America announce their new heads, some bankers will be left out of the mix.

Sheldon Trainor steps away from the day-to-day running of the investment banking business in Asia to become vice-chairman with a focus on origination and client contacts.