Royal Bank of Scotland has made a quiet reshuffle of its equity capital markets team in Asia, which includes the appointment of Asia ECM veteran John D’Abo to run the equity syndicate desk. D’Abo joined RBS in July 2008 as head of ECM for Southeast Asia a role that he held until December last year, when he shifted his attention to syndicate.
The reshuffle was prompted by the departure of Patrick Ngan in December. Ngan had been head of equity syndicate since June last year when he took over from Rene Mijne, who transferred to RBS’s US headquarters in Stamford, Connecticut, to head up a new syndicate function focusing primarily on convertible bonds and...