11 September 2017
Hong Kong
Reporter: Drew Nicol

Citi welcomes Measures from J.P. Morgan for prime desk

Darren Measures has resurfaced at Citi as part of its prime, futures and securities services sales team, following his departure from J.P. Morgan last month.

Measures was part of J.P. Morgan’s agency lending project management and portfolio analysis team for just under four years.

He will continue to be based in Hong Kong.

Citi’s Hong Kong office also recently welcomed Sebastien Mailleux, formerly of BNP Paribas, as head of prime finance for the Asia Pacific.

Mailleux will start his new role in November and report to David Russell, head of markets for the Asia region, as well as Adam Herrmann, global head of prime finance.

In his new role, Mailleux will be responsible for prime services, equity finance, agency securities lending and delta one across the Asia Pacific region, as well as Japan.

Measures’s transition from J.P. Morgan is the latest in a number of coming and goings at the bank, which is undergoing an extensive reshuffle of staff and job roles.

Previous consequences of the rejig include the departure of Paul Wilson, formerly the bank’s global head of agent lending product and portfolio advisory, who had been with the bank for the better part of 30 years.

Pirum Systems COO Ben Challice is heading to J.P. Morgan in a new role relating to the bank’s collateral management and agency lending businesses.

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