Natixis makes two DCM senior hires in Asia

The firm is also planning to renew its DCM focus in Asia Pacific.

David So joins the company from Singapore’s Commerzbank as executive director of debt capital markets in Asia Pacific. In his new role, So will be based in Singapore and have responsibility for DCM origination for financial institutions throughout Asia Pacific and for corporates in South East Asia.

He will report to Raghu Narain, head of investment banking, Asia Pacific and locally to Pin Chua, senior country manager, Singapore and head of South East and South Asia.

Maureen Yu joins the company from Barclays Capital in Hong Kong as Natixis’s executive director of debt capital markets, Greater China. In her new role, Yu will be based in Hong Kong, be responsible for DCM origination in Greater China and will report to Narain.

“This reflects Natixis’ renewed focus on its Debt Capital Markets business in Asia Pacific after the creation of a regional Investment Banking business line in September 2016,” Natixis commented in the statement.

Last month, the firm appointed Michael Haize as the global head of debt capital markets to lead its debt capital markets team. Prior to that, it also made Gabriel Levy the global head of debt capital markets for financial institutions in March 2016.

The French company has completed several deals for its Asian clients last year including a $1.23 billion senior unsecured Reg S dual-tranche issue by Citic.

Natixis is the international corporate, investment, insurance and financial services arm of Groupe BPCE, the second-largest banking group in France with 35 million clients spread over two retail banking networks, Banque Populaire and Caisse d’Epargne.