He will become head of the bank’s structured credit products team for Asia-Pacific. In the post he will take responsibility for all trading, structuring and marketing activities in cash and synthetic collateralised debt obligations, illiquid credit trading and other structured credit derivatives in the region.
He will report functionally to Jeff Jakubiak, head of structured credit products for Europe and Asia-Pacific, and regionally to Monish Tahilramani, head of regional trading for Asia-Pacific.
The job change will see Cannon move to Hong Kong. A replacement for him in London has yet to be named.