Ashvin (Ash) Parkash has joined BNY on December 9 as head of global markets trading for Asia Pacific (Apac).
The global bank has handed Parkash responsibility for accelerating its global markets trading services to clients across the Apac region, according to the a media release.
Parkash (pictured) will continue to be based in Singapore and is joining BNY from Nomura, where he was responsible for electronic distribution across fixed income and FX. With 25 years of industry experience, in addition to Nomura, Parkash has held leadership roles at BNP Paribas, Citibank, and Lehman Brothers.
Parkash will report to Jason Vitale, BNY’s head of global markets trading, and Nelius De Groot, BNY’s head of markets international.
BNY is looking to grow its global markets trading business internationally and this latest move follows the establishment of its EU trading desk, and the appointment of Bianca Gould as head of fixed income and equities for EMEA, earlier this year.
In the media release, Vitale commented: “A continues to present real opportunities for our business, as we see growing demand from our clients looking for differentiated execution services and high-quality solutions to streamline their operating model.”
Vitale added: “I’m thrilled to welcome Ash, whose track record in growing businesses and experience in product strategy make him an ideal fit as we deliver high-quality solutions for our clients across markets.”
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