Australia’s ANZ Bank is seconding three senior executives to AmBank in Malaysia as part of its contribution to the development of an AmBank foreign exchange, interest rate, and commodity derivatives business.
Steve Kelly has been appointed as head of FX and derivatives for the FICC unit. He was previously seconded to AmBank as head of business transformation and program director, FX and derivatives.
Neville Mallard has been appointed as AmBank’s head of capital and balance sheet management, reporting to the chief financial officer. Previously,Â he was head of active credit portfolio management with ANZ.
Jonathan Manifold has been appointed head of market risk, reporting to the chief risk officer. He was previously manager – audit and compliance for ANZ in Vietnam.
An ANZ spokeswoman tells Squawkbox the secondments range from for a one to two year period. ANZÂ has a 20% equity stake in AmBank Group.