• Published on 27 September 2023
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SMBC appoints new head of macro strategy in Asia

Sumitomo Mitsui Banking Corporation (SMBC) has announced the appointment of Jeff Ng as head of Asia macro strategy for its global markets and treasury business.

Based in Singapore, Ng formulates and disseminates views on Asian macro, currency and rates markets, with a focus on Australia, India and the ASEAN region. He is responsible for recommending trade ideas and delivering SMBC’s Asia macro strategy to their clients globally.

Ng joins SMBC with over 14 years of experience including roles at Deutsche Bank and Standard Chartered where he covered global markets as a strategist. He brings a wealth of experience from leading industry market makers and research institutes where his focus was on Asia, China, and Singapore. He can provide breadth across the diverse Asian macro markets, and depth in looking at any single market.

As a seasoned specialist in research and strategy, he has travelled to various parts of the world to present his views on Asia. He is also a regular speaker in conferences, including various TXF Asia conferences from 2019 to 2022. He also regularly appears on local and international media, to discuss macroeconomic topics and issues.

In this newly created role, Ng will work closely with Ryota Abe, SMBC’s Asia economist and the global economist team to analyse foreign exchange and rates to identify investment opportunities.

Salim Zaman, co-general manager of global markets and treasury department, Asia Pacific, said: “We are delighted to welcome Jeff to the team as we continue to accelerate our growth ambitions and bolster our strategy in Asia Pacific. Bringing with him a wealth of experience, we are confident that his expertise and strategic insights will be a great asset to our global markets business as we work towards achieving our goals in 2024 and beyond.”

Re-disseminated by The Asian Banker