Ex-Lehman banker joins Standard Chartered

Christian Wait, former New York-based global head of credit sales at Lehman Brothers, has been appointed global head of capital markets at Standard Chartered, the emerging markets-focused bank listed in London and Hong Kong.

Wait will be based in Singapore, reporting to Lenny Feder, group head of financial markets. He replaces interim co-heads Deepak Kohli and Philip Cracknell, who had jointly shared duties following the departure of previous capital markets head Brad Levitt in March.

During a 23-year stint at Lehman, Wait had held several senior posts, including global head of collateralised debt obligations and structured credit sales and European and Asian head of debt capital markets.

See also: Standard Chartered names two new global heads