Managing Director - Tokyo Office
Tokyo, Japan
Moved to Tokyo in 1998 in wake of Asian credit crisis to take responsibility for credit activities across the Asia Pacific region. Had responsibility for all credit business in the region (including Portfolio, Debt Capital Markets, Trading, Structured Finance and Research: 300 people, $50 billion in assets/risk exposure) led a ground-breaking re-engineering of the Risk Management, Origination and Operations activities:- reduced expense base by 60% whilst enabling better decision-making;- reduced retained risks by 85% whilst enabling credit dependent businesses (especially swaps and acquisition finance) to grow client activities- EVA (Net Income-Capital charges) of $120mm in 2000