Singapore Exchange (SGX) on December 5 announced the appointment of Michael Luk as the new head of fixed income origination and sales, effective January 1 2017.
Reporting to Chew Sutat, SGX head of equities and fixed income, Luk is tasked with spearheading the growth of SGX’s fixed income businesses through deeper and broader relationships with market participants. This includes extending SGX regional leadership in bond listings and driving institutional client adoption of OTC trading in the Asian bond market via SGX’s new Bond Pro trading platform.
Luk has more than 18 years’ experience in debt capital markets covering all fixed income debt financing products, including public bonds, high yield, leveraged finance, syndicated loans, private placements and structured debt products. Prior to SGX, he was global head of debt capital markets with ANZ Banking Group in Hong Kong and before that, he was head of Asia Pacific debt capital markets at Bank of America Merrill Lynch.
Luk also spent about nine years with Deutsche Bank in Hong Kong where he was both head of fixed income capital markets and head of Asia leveraged debt capital markets.