On the move

Bank of America-Merrill Lynch has expanded its Asia Pacific commodities team with five new hires. Peter Beaumont joins as managing director and head of metals and mining sales and origination for the Asia Pacific region. Based in Sydney, he will report locally to Diego Parrilla, head of commodities, Asia Pacific, and to Amrik Sandhu, global head of metals in London. Beaumont previously worked for four years at ABN Amro Australia as executive director of structured finance and for 10 years in