Hong Kong-based Lance Jiang joins from Addleshaw Goddard and becomes Ashurst’s third restructuring, insolvency and special situations partner in the region.
JAL fixes the price at the top of the range before its re-listing in Tokyo which is poised to become the world’s second-biggest offering so far in 2012.
The Japanese bank’s new chief executive reorganises equities and reveals that Europe and the Americas will take the brunt of the cost-cutting programme.
JAL president Yoshiharu Ueki, a former pilot with 35 years of experience, talks to FinanceAsia about the progress of the airline’s restructuring and its strategy.
The move is accompanied by a number of senior corporate finance appointments, including Henry Cai as executive chairman and John Lydon as chief operating officer for Asia-Pacific.