Standard Chartered has appointed Vinod Aachi as global head of structuring. The bank says this is a newly created position. Based in Singapore, Aachi will be a member of the financial markets management committee and report directly to Lenny Feder, group head of financial markets.
Aachi joins from Deutsche Bank where he was responsible for all structuring for Asia, based out of Hong Kong and Singapore. From 2002 he led the Hong Kong global relative value group, structuring derivative products across Asia ex-Japan. Over his 11 years at Deutsche he covered a wide range of products including credit, fixed income, currency, equity, commodity and hybrid derivatives.
Prior to this, Aachi was a non-deliverable forwards swap trader at JP Morgan in Singapore and before that a fixed income research analyst with ICICI in Mumbai.
November 2008
News: CDS players smell rat after Rentokil private issue; Discount rules halt CLO trading; Morgan Stanley sells CDPC to Magnetar
People: Banks downsize credit prop operations; BNP Paribas reorganises trading; Fast moves
Deals: Investors sniff potential for further triple A CLO widening; Australian investors hope for windfall pay-out
Funds: Big name partners attract funds for structured opportunities strategy; Lehman collapse and loan falls dent returns
Analysis: Lifting the lid on CDO performance; Structured credit outperforms
Profiles: Viewpoint - Jonathan Trutter; Stanfield
Comment: Fishknife, Wolseley
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