Standard Chartered reshuffles global credit markets teams

Henrik Raber
Henrik Raber

Following the formation of the global credit markets business at Standard Chartered on July 2 2018, the global head of the credit markets team, Henrik Raber, announced a series of senior appointments effective September 1.

In an internal memo he sent on August 15, Raber announced the appointment of Cristian Jonsson as global head of capital structuring and distribution group (CSDG). The following teams will report directly to Jonsson: balance sheet securitization, bond syndicate, credit insurance, loan syndications, private debt solutions and trade distribution. Jonsson will continue to be based in Singapore.

Bikash Sarangi has been named global head of credit trading. This enlarged role will comprise asset-backed solutions, bespoke credit solutions, credit flow trading, financing and investment solutions, loans and special situations trading.

Raber also announced the capital markets team will be organised with Salman Ansari becoming head of capital markets, West. This expanded role includes Europe and the Americas, as well as Africa and the Middle East (AME) capital markets businesses. Raber says the western markets present a huge opportunity to grow further and broaden Standard Chartered's franchise. Ansari will continue to be based in Dubai.

Ashish Malhotra, currently global head of bond syndicate, will take on the role as head of capital markets, Asia-Pacific (East). He will manage the bank's Asean, South Asia, and Greater China and North Asia (GCNA) capital markets businesses, including the financial institutions group and green specialists based in Asia, as well as liability management.

Spencer Maclean, currently head of Europe and the Americas' capital markets, is appointed global head of bond syndicate, which also includes the EMTN team. He will continue to be based in London.

Jujhar Singh will continue as global head of high yield capital markets and head of capital markets for South Asia. Due to the close collaboration between the ratings team and the high yield team, the ratings team reports to Singh. He will continue to be based on Singapore.

Raber notes the high yield market is a high growth area and a key differentiator for the capital markets business.