The bank also enhanced its financial products and debt products capabilities in Hong Kong with a newly hired team of sales and trading executives to support its growth efforts, doubling the size of the Hong Kong office.
The bank appointed Jolway Li, as head of FX Asia (ex-China), to lead its foreign exchange practice. He will bring nearly 20 years of FX experience to his new role, including 13 years in BMO’s Chicago office.
Li will be responsible for growing the foreign exchange business in Hong Kong and serving clients with Pan Asian interests outside of mainland China.
BMO Capital Markets currently provides foreign exchange services in China through its office in Guangzhou, Shanghai and Beijing.
Robert Yeung has been appointed as managing director of financial products and debt products coverage for Asia. He will be responsible for growing BMO’s global platform in financial products and debt products, which includes both cash, interest rate and cross-asset derivative and structured products.
Yeung joined BMO four years ago and has over 15 years of experience in capital markets. He will be supported in Hong Kong by a team of experts in sales and trading for debt and financial products.
BMO Capital Markets executive managing director and head of debt products Charlie Piermarini said that as the business grows, BMO plans to create and develop products specific to the Asian market that will provide a differentiating advantage for its clients in Canada, the US and Europe.
