StanChart poaches Deutsche FX options head in Asia

Standard Chartered has hired Will Shropshire in a dual capacity as head of foreign exchange options trading, Asia and global head of forex investor products in Singapore.

Shropshire joins the bank from Deutsche Bank, where he was co-head of forex options for Asia. Prior to this he worked at JP Morgan Chase, where he managed the Asian currency options business. In his foreign exchange options role, Shropshire will report to Richard Leighton, global head of currency options.

“Will’s appointment will enable us to expand our unrivalled customer franchise in Asia through increased trading capability, focus on new products and idea generation. This will make a key contribution towards our goal of being recognised as a premier provider of foreign exchange derivatives in the Asian time zone,” said Leighton.

In Shropshire’s capacity as global head of currency investment products, he will focus on all aspects of delivery and development of forex products for the bank’s internal and external investor clients. He will report to Nick Beecroft, global head of forex trading in London, who commented that Shropshire’s appointment will benefit the bank’s wholesale banking clients as well as meet the wealth management needs of its retail investor clients.