Fixed income sales boss crosses to Deutsche from Credit Suisse

After 10 years with Credit Suisse, Shen Yan has switched to Deutsche Bank to take on the role of head of the institutional client group (ICG) in North Asia, and head of credit sales Asia within global markets.

The Deutsche position becomes effective August 2006 and will carried out from Hong Kong. For his new employers, Yan reports directly to Rahul Mookerjee, head of ICG, debt capital markets and the corporate client group Asia.

Upon starting his new role, Yan will be responsible for driving DeutscheÆs sales efforts for global market products in North Asia. In assuming this part of the role, he will be working with its investor base of financial institutions, insurance companies, pension funds, asset management firms and hedge funds.

Within ICG business at Deutsche, the Southeast Asia side is headed by Anjul Oberai in Singapore.

At Credit Suisse, Yan, a fluent Mandarin speaker, was head of fixed income sales for Asia and Australia. He carried out this role from its Hong Kong offices and was with the firm for the past decade. Prior to Credit Suisse, Yan also worked for First Boston and Lehman Brothers in New York in fixed income sales positions.