Asia moves: Corbally becomes ANZ’s chief risk officer as Williams retires

Latest job changes across the industry

ANZ Bank headquarters, Melbourne
Photo: Charles Van den Broek/Flickr

ANZ Bank has appointed Kevin Corbally its chief risk officer, reporting to the lender’s chief executive, Shayne Elliott. In his new role, Corbally will be a member of the group executive committee, and responsible for overseeing the bank’s risk strategies, policies and processes. He will replace Nigel Williams, who is retiring from ANZ. The appointment is effective as of March 19.

Corbally was most recently the group general manager for internal audit at ANZ, and has held several institutional banking and credit management roles with the group since joining in 2009. Prior to that, he was managing director and head of corporate and commercial banking at Citigroup in Australia and New Zealand.

Societe Generale Corporate & Investment Banking has appointed Raj Malhotra head of debt capital markets for the Asia-Pacific region, effective April 1. In his new role, he will be responsible for further developing SG CIB’s debt capital markets platform in Apac. He takes over from Laurent Morel, who will move on to become the global head of financial sponsor coverage within the financial institutions group.

Malhotra, who will continue to be based in Singapore, will report regionally to Stephen Swift, head of global finance for Apac, and functionally to Demetrio Salorio, global head of debt capital markets.

Nomura has announced a slew of changes in its senior management line-up, effective from April 1. Among others, Yo Akatsuka has been appointed the global head of investment banking. He replaces Minoru Shinohara, who had previously assumed the role of co-head of wholesale as well as head of investment banking.

The bank also announced that Tetsu Ozaki will be redesignated as vice-chairman from his current post – representative executive officer, deputy president and group chief operating officer. Toshio Morita, president of Nomura Securities, and Kentaro Okuda, Nomura’s head of the bank’s Americas operations, will both assume the roles of group co-chief operating officers. These appointments will also be effective as of April 1.

Citigroup’s global head of commodities, Stuart Staley, is to move from London to Hong Kong to take up a new role as head of markets and securities services for Asia. His replacement is José Cogolludo, the bank’s head of sales for commodity derivatives. Cogolludo will report to the London head of markets and securities services, Paco Ybarra. Cogolludo joined Citi in November 2012 from BNP Paribas, where he was global head of commodity derivatives sales from May 2007.

Nikko Asset Management has promoted Joyce Koh to head of international marketing. In the newly created Singapore-based position, she will continue to report to the joint global head of product and marketing and head of marketing and communications, Stefanie Drews. The appointment was effective as of March 1, 2018.

Koh was most recently head of marketing for Asia ex-Japan and the Americas for Nikko. Prior to joining the firm in 2012, she had held senior marketing roles at Fidelity International and Aviva.

CLSA has appointed Michael Luk managing director and global head of debt capital markets. In his new position, which commenced on March 1, Luk reports directly to CLSA chairman Tang Zhenyi.

He joins from SGX, where his most recent position was head of fixed income. In the newly created role at CLSA, he is responsible for strengthening the firm’s debt capital markets capability in Greater China and southeast Asia.

MUFG Securities Asia has appointed Pierre Ferland its chief executive. The position is based in Hong Kong, and was effective from February 20. He reports directly to Mitsubishi UFJ Securities Holdings deputy president Takami Onodera.

As chief executive, Ferland is responsible for developing and executing growth initiatives for the securities business in Asia. He takes the place of Yasutaka Suehiro, who has assumed the role of Asia chairman for the securities business. Prior to joining MUFG, Ferland spend 20 years at RBS, most recently as co-chief executive.

Generali Hong Kong has announced three senior appointments to its management team. Arsh Kaumi, previously regional head for financial reporting, has been appointed chief financial officer. Cathy Lin, head of risk management, has been promoted to chief actuary. Connie Yeung, previously regional head of operations, has been appointed chief operating officer.

Decker & Co, an international equities broker focused on southeast Asian markets, has appointed James Chataway managing director for equity sales at its Asia office. Chataway has more than 20 years’ experience in equity sales, and was most recently head of institutional equities at RHB Singapore. His appointment coincides with two other senior appointments in the firm’s New York offices: Christopher Dodson and Michael Longthorne will both be managing directors for equity sales.

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