ABN AMRO poaches five FIG bankers

Dutch bank announces major boost to financial institutions team.

ABN AMRO's Asian financial institution team has poached four bankers from FIG specialist Fox-Pitt Kelton. Leading the team is Simon Wood, who was formerly director, corporate finance and head of equity capital markets at FPK. At ABN he will take up a newly created role in Hong Kong as an executive director.

Three of his team mates will also take up new roles at the Dutch bank. Peter Goulston has been appointed as a director, Shengyan Fan will be a senior associate and Jay Parmanand an analyst.

Alongside these four, the bank has also appointed Andrew Fong as an executive director. Fong comes across from BNP Paribas and has also racked up experience in corporate finance positions at UBS and Deutsche Bank.

All of the new new hires will provide capital markets and M&A to FIG clients and will ultimately report to James Pearson, head of corporate finance for ABN AMRO Asia. Wood will also report to Alex Pietruska, the bank's Global head of FIG.

Pearson comments, "One of ABN AMRO's key objectives is to broaden our coverage of the financial institutions sector where we expect increased investment banking activity. These hires are a key step not only for Southeast Asia where we have had recent success with transactions for UOB and Bank Mandiri, but also for North Asia where we have recently made important additions in our country coverage teams."