BoA hires mainland China head

Bank of America (BoA) has hired Helen Pun as managing director, head of mainland China for bank and non-bank financial institutions. Based in Hong Kong, she assumes responsibility for marketing structured and cross-border products across the mainland China region.

“Bank of America has shown its ability to prosper in Asia despite the challenging environment,” said Pun. “Building on the success of our global treasury services, our mandate is to partner with the respective product disciplines to grow our global markets business.” This includes traded products, such as global forex, derivatives, commodities and distressed assets, as well as structured products such as structured credits, high-yield/high-grade debt, bank capital raising, syndications, asset-backed securitisation, fixed-income sales and leasing.

“Financial institutions in Greater China have emerged as strong investors with huge liquidity. They are increasingly demanding structured and cross-border products. Helen’s in-depth segment expertise will help us to meet these growing demands,” said Alok Kochhar, regional head, financial institutions.

Pun previously worked at ABN Amro, where she headed the Greater China financial institutions sector, focusing on corporate finance and global market products. She has also held roles at JP Morgan Chase and Citibank.

Pun added that the bank will also look to broaden its institutional client coverage for asset management products.