north asia

Wei Zhu, formerly at Accenture, joins forces with North Asia managing director and co-head James Dubow.

This new cluster, to be led by Marc Luet, includes the bank's markets in Australia, China, Hong Kong, Japan, Macau, New Zealand, South Korea and Taiwan.

Read on for the winners of the 28th iteration of the FinanceAsia Awards, across mainland China, Hong Kong SAR, South Korea and Taiwan.

Luet, currently head of Citi's Japan Cluster, will oversee Australia, China, Hong Kong, Korea, New Zealand and Taiwan, with Ng retiring after 26 years with the bank on April 5.

Read the rationale behind our jury’s selection of North Asia’s FA Award winners.

Hong Kong-based Christina Ma replaces Dai Kitamura, who will leave the bank in November after extended leave.

The complementary nature of loans and bonds enables issuers to improve their bargaining power, lowering overall funding costs.

Western Asset remains loyal to selective emerging Asia bonds despite recent outflows, with a bias towards North Asia credits, while avoiding frontier markets such as Mongolia.

Desmond Liu has joined the firm in Hong Kong to build its business in Greater China and Korea. It comes a few months after he quit rival HSBC Private Bank.