Standard Chartered Bank appointed Vinod Aachi as the global head of structuring, a newly created position. Aachi will also be a member of the Financial Markets Management Committee and report directly to Lenny Feder, group head of financial markets. Aachi, who will be based in Singapore, was previously at Deutsche Bank in Singapore and Hong Kong, where he was responsible for all structuring in Asia. During his 11 years at Deutsche, Aachi helped build the bank's capability in structuring a wide range of products such as fixed income, credit, currency, equity, commodity and hybrid derivatives. His other responsibilities included sales, credit, pricing, idea generation, trading desk coordination, and legal and regulatory clearances.
The Churchill Financial Group hired David Heilbrunn for the newly created position of senior managing director, head of corporate strategy and development. Heilbrunn will be a member of Churchill's senior management team as well. In his new position, Heilbrunn will focus on investor relationships, executing and coordinating M&A, joint venture and strategic alliances, launching new product offerings, managing existing and new banking, and coordinating future capital raising activities. Before Churchill, the new hire was senior managing director and CDO group head for Bear Stearns'structured financial products group. Prior to that, Heilbrunn spent 12 years with JPMorgan, leading different business units, most recently serving as managing director, structured credit products, responsible for the bank's North American CDO origination, structuring and execution activities.