(CBCM) Strengthens CreditTrading and hires Inga Johal as Head of ...
(CBCM) Strengthens CreditTrading and hires Inga Johal as Head of ...
(CBCM) Strengthens CreditTrading and hires Inga Johal as Head of ...
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Press rele<strong>as</strong>e<br />
15 March 2007<br />
Commerzbank Corporates & Markets (<strong>CBCM</strong>) <strong>Strengthens</strong> Credit<br />
Trading <strong>and</strong> <strong>hires</strong> <strong>Inga</strong> <strong>Johal</strong> <strong>as</strong> <strong>Head</strong> <strong>of</strong> Emerging Markets Trading<br />
Commerzbank Corporates & Markets (<strong>CBCM</strong>) h<strong>as</strong> today announced that it h<strong>as</strong> hired <strong>Inga</strong> <strong>Johal</strong> <strong>as</strong> <strong>Head</strong><br />
<strong>of</strong> Emerging Markets Trading.<br />
Building on <strong>CBCM</strong>’s strong structured products platform in Germany, <strong>and</strong> its client b<strong>as</strong>e in Western <strong>and</strong><br />
E<strong>as</strong>tern Europe, <strong>Johal</strong> will focus on the integration <strong>of</strong> <strong>CBCM</strong>’s Credit <strong>and</strong> Emerging Markets Trading<br />
activities. His responsibilities will span across external debt, local markets, credit repo <strong>and</strong> leverage<br />
products globally with special focus on E<strong>as</strong>tern Europe, Middle E<strong>as</strong>t <strong>and</strong> Asia. <strong>Johal</strong> will ensure a coordinated<br />
<strong>and</strong> focused approach cross <strong>CBCM</strong>’s global trading operations. This will allow the business to<br />
further diversify <strong>CBCM</strong>’s EM product <strong>of</strong>fering.<br />
<strong>Johal</strong> will be b<strong>as</strong>ed in London <strong>and</strong> report to Eckhard Arndt, <strong>Head</strong> <strong>of</strong> Credit Markets at <strong>CBCM</strong>. He joins<br />
<strong>CBCM</strong> from St<strong>and</strong>ard Bank London Ltd where he w<strong>as</strong> Global <strong>Head</strong> <strong>of</strong> Trading within the Global Markets<br />
operation, responsible for both sovereign <strong>and</strong> corporate credits. <strong>Inga</strong> began his career at St<strong>and</strong>ard Bank<br />
in 1995 where he worked in a number <strong>of</strong> roles including Senior Emerging Markets Dealer <strong>and</strong> <strong>Head</strong> <strong>of</strong><br />
EM Trading.<br />
Willi Ufer, <strong>Head</strong> <strong>of</strong> Markets at <strong>CBCM</strong> said "I am delighted that <strong>Inga</strong> h<strong>as</strong> joined us. <strong>CBCM</strong> is developing an<br />
outst<strong>and</strong>ing capability to meet the rising client dem<strong>and</strong> for more complex products that capitalise on the<br />
growing sophistication <strong>of</strong> debt issuers in E<strong>as</strong>tern Europe <strong>and</strong> Asia, such <strong>as</strong> Russia <strong>and</strong> China. <strong>Inga</strong><br />
brings with him a wealth <strong>of</strong> expertise <strong>and</strong> knowledge. By co-ordinating our efforts across countries in the<br />
Emerging Markets <strong>and</strong> Asia, his role will be pivotal in driving our credit trading operations in these regions<br />
going forward."<br />
ENDS<br />
For further information, ple<strong>as</strong>e contact:<br />
Claire Tappenden +44 (0) 20 7653 7958
Notes to Editors<br />
Commerzbank Corporates <strong>and</strong> Markets (<strong>CBCM</strong>) is the integrated Corporate <strong>and</strong> Investment Banking<br />
division <strong>of</strong> Commerzbank AG.<br />
<strong>CBCM</strong> provides a broad range <strong>of</strong> Commercial <strong>and</strong> Investment Banking products to corporate <strong>and</strong><br />
institutional clients. The business incorporates capital markets activities in credit, equities, interest rates<br />
<strong>and</strong> foreign exchange with a strong focus on derivatives <strong>and</strong> structured products.<br />
As a division <strong>of</strong> one <strong>of</strong> Germany’s leading financial institutions <strong>and</strong> with the backing <strong>of</strong> a Eur 608.3bn<br />
balance sheet (31.12.06) <strong>CBCM</strong> provides clients with capital <strong>and</strong> debt raising solutions <strong>and</strong> access to a<br />
broad range <strong>of</strong> investment <strong>and</strong> risk management products across all major <strong>as</strong>set cl<strong>as</strong>ses.
Change language