The rates trader that came in from the cold – in Singapore, to Mizuho
It’s a tough job market. If you’ve been out of the market for a while, you might feel like you’re grasping at straws. So if an opportunity does come your way at a Japanese bank like Mizuho, grab it with both hands.
Simon Preketes joined Mizuho earlier this month as a managing director and head of the Japanese bank’s Asian rates & FX trading team, based in Singapore. Before joining Mizuho, he spent a few years outside of any financial institution, working as an independent consultant on fixed income in Asian emerging markets.
Predating this independent era, Preketes worked at Australian bank Westpac as head of Asian rates trading. He spent more than a decade at Citibank before that, across Singapore, Hong Kong, and Indonesia.
Preketes’ appointment was a pretty quick one. Mizuho’s last head of Asian rates & FX trading, Robert Reilly, left the firm in July this year, according to Bloomberg. A few other senior traders left at the same time, in both Asia and London – there’s something of a changing of the guard going on in Mizuho’s rates & FX team.
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