The commodities business was previously co-headed by Sean Mulhearn, global head of commodity derivatives origination and structuring, and Jeremy East, global head of commodity derivatives trading. Mulhearn and East remain in those positions in Singapore, reporting to Bass, who in turn reports to Leonard Feder, group head of financial markets in Singapore.
Meanwhile, Rey Donald Ching-Uy relocated from Manila to Singapore on February 11 as director of interest rate derivatives trading for South-east Asia. In this newly created role, he reports to Pao Chatakanonta, regional head of interest rate derivatives for South-east Asia.
Ching-Uy was previously head of rates and foreign exchange trading for the Philippines and his old role has been split into two. Juan Martin Imperial, formerly an FX spot dealer, is promoted to head FX trading, while John Christopher Lu has been hired to trade interest rate derivatives.