Matthew Koder’s rising star at BoA Merrill

Bank of America Merrill Lynch announced this morning that it has promoted Matthew Koder to president of its Asia-Pacific business and that Brian Brille, who has held the role since 2009, will become chairman.

BoA Merrill hired veteran investment banker Koder last March. Formerly head of global capital markets at UBS, he joined BoA Merrill as its head of global corporate investment banking for Asia-Pacific in what was then a new position.

Koder relocated from London to Hong Kong in the summer, marking a return to the city. Before joining UBS in 2003, he had spent 10 years at Goldman Sachs, four...