Daiwa Capital Markets has appointed Jimmy Kan as global head of derivatives structuring, a newly created role covering ETFs and other asset classes.
Kan is based in Tokyo and reports into the fixed income, equities and commodity derivatives product lines, as well as the global head of derivatives Dominique Blanchard.
Prior to joining Daiwa, Kan was head of global markets structuring and fixed income at Deutsche Securities in Tokyo.
He was previously head of fixed income derivatives structuring and head of equities derivatives sales and structuring at Lehman Brothers Japan, from 2004 until 2008.
The latest appointment follows a range of senior hires by Daiwa over the last few months, including Adam Cowperthwaite, who was hired as head of equity derivatives sales for Asia ex Japan.
Christopher Johnson joined the firm in February as head of global equity finance for Asia, based in Hong Kong. He reports to Charlie Day, head of global equity finance, based in London.
Johnson is responsible for developing Daiwa's synthetic finance products and service offering in Asia Pacific, including the ETF and synthetic prime brokerage business.
Daiwa also plans to add around 300 professionals in its equity and derivatives division for Hong Kong.
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