Maybank's Asia investment banking head quits

Hong Kong

GILES ONG, Malayan Banking Bhd's head of Asia investment banking, is leaving after building the advisory business beyond the lender's home market during his four-year tenure.

Mr Ong, 46, tendered his resignation last week, according to an e-mail he sent on Monday to colleagues that was obtained by Bloomberg News. On Tuesday, he confirmed the contents of the message and said that he will remain at the Kuala Lumpur-based company through April. He declined to discuss plans.