Singapore hire for ABN AMRO's forex team

The Dutch bank bolsters its team of foreign exchange strategists with a new appointment in Singapore.

Emmanuel Ng has moved from Bank of Tokyo-Mitsubishi in Singapore to become an FX strategist for ABN AMRO. He will join the bank's Asian currency analysis team led by Irene Cheung who heads the strategy department in Singapore.

Ng will also support the bank's Rates Markets Research group in the region, which includes bond, agency and relative value disciplines. But primarily he will be focused on foreign exchange research coverage for the bank’s financial institutions and corporate client groups.

The hire is one of several announced by ABN AMRO globally. The others include: Shahab Jalinoos who moves up the ladder from FX strategist to senior FX strategist in London; Paul Mackel who joins the London team as an FX strategist from Dresdner Kleinwort Wasserstein; and Peter Frank who moves from Deutsche Bank in Toronto to become FX strategist in Chicago.

The appointments will enable ABN AMRO to extend its FX offering for both client groups, as well as consolidate the bank's coverage of 29 separate currencies, said Tony Norfield, global head of FX strategy within the bank's financial markets business.

"These hires will significantly increase our ability to service fast-growing demand for tailored FX strategy products from our corporate and financial institutions client groups. In addition, they will extend the depth of our currency coverage and capacity to support the full range of financial markets activities," he said.