Corporate Communications

VTB Capital announces new appointments in Asia

15 May 2013

VTB Capital announces the appointment of Xin Lin and Wei Chen to its Hong Kong office, as part of VTB Capital’s growing business in the Asia-Pacific region.

Xin Lin has been appointed as VTB Capital’s Head of Multiproduct Sales for China, where she will be responsible for Sales & Origination and Fixed Income across Chinese corporate, investor and financial institutional clients. Functionally she will report jointly to Philip Hamilton, Global Fixed Income Sales, and Makram Abboud, CEO Middle East & Africa for VTB Capital plc and Co-Head of the International Multi-Product Origination and Distribution group for VTB Capital plc, and regionally to Damian Chunilal, CEO Asia for VTB Capital.

Xin Lin joins VTB Capital fr om Nomura International Limited Hong Kong, wh ere she was Head of Global Finance, COO of China, since 2008. Prior to Nomura, Xin Lin worked at Lehman Brothers as Head of Risk Solutions Group and Global Finance, China, between 2005 and 2008. She also held senior positions in the fixed income division at the UBS Hong Kong office, between 2001 and 2005. Xin Lin began her career at JP Morgan’s Singapore division in 1998 after graduating with an honors degree from the National University of Singapore.

Wei Chen recently joined VTB Capital’s Corporate & Investment Coverage team, covering Chinese corporate and financial institutional clients. Operationally, she will report to Riccardo Orcel, Deputy CEO at VTB Group, and regionally to Damian Chunilal.

Between 2000 and 2006, Wei Chen worked at the Investment Banking Division of Lehman Brothers in New York and Hong Kong. She worked at Global Market of Deutsche Bank in Hong Kong between 2006 and 2012. Wei is also a member of Jiangxi Provincial Committee of the Chinese People's Political Consultative Conference, member of Shanghai Women's Federation and member of All China Youth Federation. She holds a PhD degree from China Academy of Social Science, a Masters degree from the University of Southern California and a Bachelors Degree from Fudan University.

In her new role, Wei Chen will be responsible for covering the Chinese government, corporate and financial institutional clients. She will be focusing on China, covering state owned entities as well as private sector clients, and covering clients across the entirety of VTB’s corporate and investment banking capabilities.

Atanas Bostandjiev, CEO, UK and International of VTB Capital plc, noted: “China is Russia’s largest trading partner in Asia, and both countries are continuing to actively develop bilateral cooperation. I am confident that the appointments of Xin Lin and Wei Chen at VTB Capital’s Hong Kong office will significantly expand the company’s business opportunities in one of our most important markets.”

Damian Chunilal said: "VTB Capital continues to pursue a strategy of international expansion, with an actively growing customer base, range of products and services in Asia. China is Russia's largest trading partner and is of strategic importance to VTB Capital. These senior level hires demonstrate our continued commitment to the Chinese market and to our Asian strategy. I am certain that with their extensive experience and unique local market knowledge, Xin Lin and Wei Chen will strengthen and give further impetus to VTB Capital’s fast growing business in the region." 

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