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Prebon Hong Kong MD retires

Joe Lam, managing director of brokerage house Prebon Yamane in Hong Kong, has retired after 28 years with the company. Replacing him is Peter Pao, previously Hong Kong-based managing director of the broker’s money markets division.

Lam began his career at Prebon, then named Charles Fulton, as a trainee foreign exchange dealer in February 1975, and later moved up the ranks to work as a spot market manager and director before becoming managing director of Prebon’s Hong K

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