A few moves have taken place in Merrill Lynch. Firstly, it has named Gregory A. Bundy as President of Merrill Lynch Asia Pacific and Australasia. He will succeed Kevan Watts, Executive Chairman for Asia Pacific and John Magowan, CEO for Australasia, respectively. He will be responsible for managing the newly consolidated region from offices in Hong Kong and Sydney.
Bundy will report jointly to Tom Davis, President of the Corporate Institutional Client Group and Win Smith, President of the International Private Client Group, and Jeff Peek, President of Merrill Lynch Investment Managers. He is currently co-head of the Americas for Merrill Lynch Investment Managers MILM and was formerly co-CEO of Merrill Lynch Australasia.
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