TAIPEI, Taiwan, Aug. 4 /Xinhua-PRNewswire/ -- ING Wholesale Banking, Asia
(ING) today announced that it had hired Phillip Chiu as Director, Head of
Financial Markets, Taiwan. Mr. Chiu will be responsible for all ING's
Financial Markets activities in Taipei, including all fixed income, interest
rate and foreign exchange trading, and will assist with debt market
origination and the delivery of structured product to clients. He reports
locally to Lawrance Liang, Country Head, Taiwan and functionally to Mark
Newman, Head of Financial Markets, Asia.
(Photo: http://xprnnews.xfn.info/ING/Phillip_Chiu.htm )
Mr. Chiu joins ING after six years at Deutsche Bank in Taiwan, where he
was head of the short-term interest rate trading desk. Mr. Chiu was also
involved in senior client coverage and the establishment of a new trading
platform to build up the floating rate product, foreign exchange option, euro
dollar futures and overnight index swaps trading infrastructure in Taipei.
Mr. Chiu joined Deutsche Bank after gaining previous experience at American
Express Bank and Chase Manhattan Bank in Taipei.
Mr Newman stated: "Phillip brings to the role extensive knowledge and
experience of Financial Markets in Taiwan, a priority for our business in
Asia. Phillip will be instrumental both in increasing our local trading
capabilities and our distribution onshore in Taiwan. The development of the
platform will enable us to service local clients, as well as enhance our
capabilities for cross border flows and in particular within Greater China."
The appointment serves to reinforce ING Wholesale Banking's mission to
excel in delivering value-added financial solutions to its clients.
ING is a global financial institution of Dutch origin offering banking,
insurance and asset management to over 60 million private, corporate and
institutional clients in over 50 countries. With a diverse workforce of more
than 113,000 people, ING comprises a broad spectrum of prominent companies
that increasingly serve their clients under the ING brand.
ING Wholesale Banking is the corporate and investment banking division of
ING Group and in Asia focuses on providing high-value-added products and
services to its clients, including structured finance, financial markets, debt
capital markets, mergers and acquisitions advisory and syndicated loans,
supported by its anchor products in lending, cash management and treasury.
Press enquiries:
ING
Sheel Kohli
Tel: +852-2913-8768
Email: sheel.kohli@asia.ing.com
Karen Williams
Tel: +852-2913-8536
Email: karen.williams@asia.ing.com
SOURCE ING Wholesale Banking, Asia
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Related links:
http://xprnnews.xfn.info/ING/Phillip_Chiu.htm
CONTACT:
Sheel Kohli, +852-2913-8768, or
sheel.kohli@asia.ing.com, or Karen Williams, +852-2913-8536, or
karen.williams@asia.ing.com, both of ING
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