Senior ANZ Credit Traders Depart for Standard Chartered Amid Market Boom
Singapore-based senior credit traders Ming Wo, Duncan Robinson, and Adam Hall have departed ANZ Group Holdings Ltd. to join Standard Chartered Plc., sources familiar with the matter have revealed.
Wo, a director with nearly two decades at ANZ, confirmed his departure on LinkedIn. Hall holds the position of associate director of credit trading, while Robinson joined ANZ in 2022 as head of crossover and overlay from Standard Chartered, where he served as global head of emerging markets flow trading.
ANZ and Standard Chartered spokespeople declined to comment on the moves.
The departures occur amid a robust regional credit markets, with significant investor demand for bonds. Asia Pacific borrowers have issued approximately $40 billion of US-dollar denominated bonds in January, a substantial increase of 47% compared to the same period last year.
ANZ's market division has been embroiled in a series of scandals, including alleged mishandling of an Australian Treasury offering and concerns over workplace culture.