BofA Merrill Lynch Adds Claudio Piron, Adarsh Sinha as Co-Heads of Asian Strategy Team

Bank of America Merrill Lynch has fortified its currency division by appointing two FX executives in Claudio Piron and Adarsh Sinha as co-heads of the bank’s Asian rates and currency strategy team.

Bank of America Merrill Lynch had been relatively quiet on the executive front, with the exception of the departure of Richard Holman from its Forex prime brokerage unit back in May. However, in a bid to strengthen its Asian currency team, the bank has made a pair of appointments in Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term standouts, Claudio Piron and Adarsh Sinha.

Mr. Piron has previously served as head of Merill Lynch’s EM-Asia fixed income and FX strategy unit, having also held senior Forex roles at Standard Chartered Bank and JPMorgan Chase. Alternatively, Mr. Adarsh has been leading the G10 FX strategy for the Asia-Pacific region at Bank of America Merrill Lunch since 2010.

As per their new appointments, Mr. Piron will be based out of Singapore with Mr. Adarsh in Hong Kong. Their primary responsibilities will be to foster cohesion between its emerging markets and G10 currency units in Asia.