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Caroline Klein, Business Communication
Daiwa Capital Markets Europe Limited
5 King William Street, London, EC4N 7AX
+44 (0)20 7597 8101
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6 November 2008
Daiwa Securities SMBC Europe (Daiwa) today announced the arrival of Carolyn Chan, who is joining their London Asian Equity Sales desk. She will be responsible for pan Asian Equity sales to UK institutions, based in London.
Carolyn joins from Citigroup where she was most recently Director, Asian Pacific Sales. With her nine years at Citigroup, and 16 years of broking experience overall, she has built up a formidable reputation and brings a wealth of knowledge to Daiwa. She was previously based in Singapore both with Citigroup and Baring Securities.
This latest appointment follows the arrival of Ross Phillpotts in mid October. Ross has 18 years of experience as an Asian sales trader, with experience of running a prop book, as well as previously having been a “blue button” on the London Stock exchange.
Mark Watson, head of Asian Equity Sales, commented, “We are delighted to welcome on board Carolyn, who will be focusing primarily on key accounts in London. I am sure that her long experience will be of great benefit to Daiwa and that she will be making a significant impact on our team. We continue to expand and improve our Asian Equity team in sales and research, and see this London growth as a key part of our global expansion strategy, along with new branches such as Mumbai.”

Note to editors:
Daiwa Capital Markets Europe Limited is a wholly owned subsidiary of Daiwa Securities Capital Markets Co Ltd, the investment banking arm of Daiwa Securities Group.
Daiwa Capital Markets Europe Limited offers a wide range of services from its main business areas:
• Equity
• Fixed Income
• Derivatives
• Debt & Equity Capital Markets
Corporate Finance and M&A advisory services are provided in Europe by our subsidiary, Close Brothers Corporate Finance