Standard Chartered has hired Carsten Stoehr as global head of capital markets. The new hire is based in Hong Kong, Carsten will report to Lenny Feder, who is group head of financial markets, wholesale banking, the bank stated.

Carsten joins Standard Chartered after a 17-year stint in Credit Suisse where he was most recently head of fixed income Asia Pacific and a part of the global fixed income management committee and Asia Pacific management committee.

“I am extremely excited about Carsten joining Standard Chartered," Feder said. "He is one of the most impressive bankers in Asia and his extensive experience and strong leadership will take our leading Capital Markets business to the next level.”

“The importance of accessing local and global capital markets has significantly increased over the past few years," Stoehr said." "Standard Chartered Bank, with its broad international presence in some of the most dynamic markets globally, is well-positioned to provide this access to its client base. I am delighted to take on this new responsibility to lead the Capital Markets business at Standard Chartered."

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