Singapore Exchange, also known as SGX, has appointed a head of Fixed Income Origination and Sales, effective 1 January 2017.
Michael Luk (pictured left) is tasked with spearheading the growth of SGX’s fixed income business through deeper and broader relationships with market participants, Chew Sutat, SGX Head of Equities & Fixed Income, said on Monday. Luk will report to Sutat. Luk's job also includes extending SGX regional leadership in bond listings and driving institutional client adoption of OTC trading in the Asian bond market via SGX’s new Bond Pro trading platform.
Covering Vast Array of Products
Luk has more than 18 years’ experience in debt capital markets covering all fixed income debt financing products including public bonds, high yield, leveraged finance, syndicated loans, private placements and structured debt products.
Prior to SGX, Luk served as the global head of Debt Capital Markets with ANZ Banking Group in Hong Kong and before that, the head of Asia Pacific Debt Capital Markets at Bank of America Merrill Lynch. He also spent about 9 years with Deutsche Bank in Hong Kong where he was both head of Fixed Income Capital Markets and head of Asia Leveraged Debt Capital Markets.
Strengthening SGX's Fixed Income Business
«Michael Luk's experience will bring great value and contribute to the strengthening of SGX’s growing fixed income businesses. His knowledge of Asian fixed income capital markets will help us deliver on SGX’s strategy to offer global investors the ability to raise capital and trade all of Asia in one place and across asset classes,» Chew added.
