WestLB appoints two directors

German bank WestLB has bolstered its structured credit trading and global markets sales presence in the region, announcing two hires at the director level.

In Singapore, the firm has appointed Harjive Oberoi as executive director, senior sales and credit structurer. He reports directly to Hui-Wen Shiau, regional head of sales for Asia Pacific and comes to WestLB in a newly created role.

Prior to joining WestLB, Oberoi toned his marketing and credit structuring skills at UOB where he was head of structured products, Asia Pacific, with responsibility for sales, marketing and fixed-income structuring.

Before working at UOB, Oberoi was head of structured credit trading, Asia Pacific for HSBC for two years. He has also worked for Deutsche Bank, Salomon Brothers and Elders Finance.

Joining WestLB in Hong Kong is Peter Leung, who comes on board as associate director of global market sales. Also reporting to Shiau, Leung crosses to WestLB from New York's Solomon-Page Group where he was responsible for starting the firm's Asian operations in Hong Kong in 2006. His title at Solomon-Page was director of financial services.

Prior to this role, Leung helped establish lifestyle website Hotspots.com in Sinagpore, serving the company as chief executive officer for six years. Leung has also worked at Chase Manhattan Bank, Chemical Bank and Bank of America.

The appointments follow a serious bulk up for WestLB in Asia. Shiau joined the bank in May from Credit Suisse, around the time that WestLB appointed Neil Colverd as regional CEO.