Susan Chan and Neha Bakshi are replacing Chris Lee, Deutsche Bank's Hong Kong-based head of structured products for Asia.
Susan Chan and Neha Bakshi are replacing Chris Lee, Deutsche Bank’s Hong Kong-based head of structured products for Asia.
Lee (pictured) is retiring and will work for a Californian museum and university where he holds board seats. "After 17 years in global markets, I’m trying to contribute in a different way," he said.
Lee was responsible for sales and structuring, with the two activities now divided between Chan and Bakshi, both of whom will report to Bhupinder Singh, head of structuring and the institutional client group in Asia at Deutsche.
Lee left the bank on February 15. He joined from UBS in June 2010 as managing director and head of global markets investment products (GMIP) and db-X for Asia. At UBS, he was head of equity risk management product sales and head of the cross-divisional intermediary business in Asia. He replaced Nitin Nath at Deutsche.
At Deutsche, Lee was responsible for multi-asset third-party, in-house retail and private bank sales platform GMIP, as well as the db-X listed investment product platform, which includes certificates, structured notes, funds, warrants and exchange-traded funds. For GMIP, Lee initially reported to Anjul Oberai and Shen Yan, co-heads of the institutional client group for Asia ex-Japan. For his db-X responsibilities, he reported to Bhupinder Singh.
Lee left UBS in April 2010, roughly a year after a team move from UBS to Credit Suisse that saw Min Park, his boss at UBS, appointed head of structured products at UBS in March 2009.
Susan Chan joined Deutsche from Barclays Capital in Hong Kong in September 2011 as managing director and head of the equities structuring group, Asia. She was head of equity and fund structured markets, Asia at BarCap, and a member of the bank’s Asia board of directors.
Prior to her stint at Barclays Capital, Chan was head of the equity derivatives group, Asia-Pacific at Bear Stearns, having also run the bank’s Asia-Pacific equity derivatives trading business. She began her career at Credit Lyonnais as an equity trader covering emerging Asia.
This article was first published on Risk