ING names new head of financial markets in Singapore

ING Financial Markets, a unit of Dutch banking and insurance group ING Group, has named Percy Rueber as managing director and head of financial markets in Singapore.

Rueber will be responsible for Singapore dollar fixed-income derivatives, money market and debt products. He was previously general manager of BHF-Bank, a wholly-owned unit of ING, in Singapore.

Rueber left BHF-Bank earlier this year and is now coming back, following the full integration of BHF-Bank into ING last month.

ING said the new appointment is in line with its Asian strategy to group activities in three centres: emerging markets and debt trading in Hong Kong; investment-grade debt and derivatives in Tokyo; and currencies and treasury markets in Singapore.