Best local currency bond individuals 2020 | Asset Benchmark Research
Benchmark Research
Asset Benchmark Research
The region's best local currency bond individuals
in research, sales and trading for 2020
Pan Asia
Research
Rank
Name of Individual
Bank
1
Wei-Zheng Kit ☆
Citi
2
Pin-Ru Tan ☆
HSBC
3
Sonal Varma ☆
Nomura
4
Lawrence Lai ☆
Standard Chartered
5
Andre De Silva ☆
HSBC
Highly commended
Johanna Chua ☆, Citi
Min Dai, Morgan Stanley
Jennifer Kusuma ☆, ANZ
Frederic Neumann, HSBC
Sin Beng Ong, J.P.Morgan
Sales
Rank
Name of Individual
Bank
1
Benedict See-Toh ☆
Standard Chartered
2
Ben Chan
ANZ
3
Liqi Lim
BNP Paribas
=
Soh Chin Yong
RHB
4
Kenn Wong
HSBC
5
Roheet Shah
Bank of America
Highly commended
Akanksha, Deutsche Bank
Wilson Liu, DBS
Montana Mektavatchaikul, BNP Paribas
Angeline Teo, Toronto Dominion Bank
Shaun Ting, Nomura
Trading
Rank
Name of Individual
Bank
1
Jason Piong
CIMB
2
Monse Onglao
HSBC
China
Research
Rank
Name of Individual
Bank
1
Jianheng Chen 陈健恒 ☆
CICC
2
Bing Yang 杨冰
CICC
3
Yan Xu 许艳
CICC
4
Jiqiang Zhang 张继强 ☆
Huatai Securities
5
Weikang Zhu 朱韦康
CICC
Highly commended
Xu Dong 东旭, CICC
Xunlei Li 李迅雷, Zhongtai Securities
Yaxuan Xie 谢亚轩, China Merchants Securities
Linan Liu 刘立男, Deutsche Bank
Chao Jiang 姜超, Haitong Securities
Han Qin 覃汉, Guotai Junan
Jeffrey Zhang, Standard Chartered
Sales
Rank
Name of Individual
Bank
Outstanding individuals
Tengbo Cao 曹腾博, CITICS
Siqi Li 李思奇, HSBC
Xuejiao Hu 胡雪娇, BNP Paribas
Tianshu Sun 孙天姝, CICC
Lillian Tao, Deutsche Bank
Zhang Da Yu 张大宇, CITICS
Trading
Rank
Name of Individual
Bank
Outstanding individuals
Lujiang Hao 郝鲁江, Bank of America
Nathan Jin 晋铁, HSBC
Yitao Ou 欧亦陶, Wanlian Securities
Jingjing Shi 石晶晶, Orient Securities
Zheye Wang 王哲也, Orient Securities
Huizi Zhang 张惠梓, CITICS
Hong Kong
Research
Rank
Name of Individual
Bank
1
Becky Liu ☆
Standard Chartered
2
Hongbin Qu
HSBC
3
Noelan Arbis
HSBC
Sales
Rank
Name of Individual
Bank
1
Amy Chan ☆
HSBC
2
Kevin Wong
Credit Agricole
3
Jin-Jin Teo ☆
Standard Chartered
4
Cherry Chan
Standard Chartered
5
Leona Lee ☆
Bank of China Hong Kong
Highly commended
John Chak, Bank of China Hong Kong
Phoebe Hung, Citi
Sara Woo, Mizuho Securities
Trading
Rank
Name of Individual
Bank
1
Luo Yu An Danny
Standard Chartered
2
Patrick Lam
HSBC
3
Dan Ip
HSBC
4
Hiroyuki Wakimoto ☆
HSBC
5
Ivan Lam
Bank of China Hong Kong
India
Research
Rank
Name of Individual
Bank
1
Pranjul Bhandari ☆
HSBC
2
Kaushik Das ☆
Deutsche Bank
3
Indranil Sengupta ☆
Bank of America
4
Samiran Chakraborty ☆
Citi
5
Prasanna Ananthasubramanian ☆
ICICI Securities Primary Dealership
Highly commended
Abheek Barua, HDFC Bank
Sajjid Chinoy ☆, J.P.Morgan
Soumya Kanti Ghosh ☆, State Bank of India
Gautam Singh, Spark Capital
Abhishek Upadhyay, ICICI Securities Primary Dealership
Sales
Rank
Name of Individual
Bank
1
Dhawal Kumar ☆
Bank of America
2
Karan Suresh Ahuja ☆
ICICI Securities Primary Dealership
3
Unnati Vyas
ICICI Bank
4
Neha Saraf
Nomura
5
Naveen Saproo ☆
Axis Bank
Highly commended
Saket Banka, HSBC
Ushleen Kaur, HDFC Bank
Vikram Aditya Ramani ☆, ICICI Securities Primary Dealership
Chaitanya Sampat ☆, Standard Chartered
Manoj Sukhani ☆, Axis Bank
Trading
Rank
Name of Individual
Bank
1
Maneesh Pathak
Morgan Stanley
2
Uday Patkar
Axis Bank
3
Deepan Bafna
HDFC Bank
4
Manoj Chitlangia
Goldman Sachs
5
Ankit Maheshwari
ICICI Securities Primary Dealership
Highly commended
Rajat Narang, ICICI Securities Primary Dealership
Vikas Jain, Bank of America
Indonesia
Research
Rank
Name of Individual
Bank
1
Handy Yunianto ☆
Mandiri Sekuritas
2
Helmi Arman ☆
Citi
3
Fakhrul Fulvian
Trimegah Sekuritas
4
Leo Putra Rinaldy ☆
Mandiri Sekuritas
5
Aldian Taloputra
Standard Chartered
Highly commended
Adrian Panggabean, CIMB Niaga
Satria Sambijantoro, Bahana Sekuritas
Sales
Rank
Name of Individual
Bank
1
Jonathan Raharja
Citi
2
Tito Batubara
Citi
3
Edward Lie ☆
BNP Paribas
4
Bianca Salim ☆
HSBC
5
Fairy Yunawan ☆
HSBC
Highly commended
Dewa Ayu Putu Novita Angelia ☆, CIMB Niaga
Yudo Kahuripan, J.P.Morgan
Leonard Setiadi, HSBC
Natalia Suryawidi ☆, Bank Permata
Kartika Upadani ☆, CIMB Niaga
Trading
Rank
Name of Individual
Bank
1
Ferry Lisman ☆
Citi
2
Daniel Buntardjo ☆
Citi
3
Francis Soetopo ☆
Deutsche Bank
4
Michael Isprihanto
CIMB
5
Willy Sam ☆
Standard Chartered
Highly commended
Abdul Hadie, Bank Mandiri
Sony Hassan ☆, J.P.Morgan
Basuki Kurniawan, ANZ
Adityasmara Pranatyo, HSBC
Henry Wibowo, HSBC
Malaysia
Research
Rank
Name of Individual
Bank
1
Winson Phoon ☆
Maybank
2
Chang Wai Ming ☆
RHB
3
Suhaimi Ilias ☆
Maybank
4
Nik Ahmad Mukharriz ☆
CIMB
5
Sri Raman
Hong Leong Bank
Highly commended
Michelle Chia, CIMB
Ray Choy, CIMB
Anthony Dass, AmBank
Julia Goh, UOB
Choong Yin Pheng, Hong Leong Bank
Sales
Rank
Name of Individual
Bank
1
Louis Goh Kok Kit ☆
Hong Leong Bank
2
Kah Wei Yap ☆
Standard Chartered
3
Su Farn Ho ☆
AmBank
4
Heidi Raman ☆
CIMB
5
Farhanah Azman
RHB
Highly commended
Shah Aminudin Bin Dato' Md Akhir, CIMB
Chris Lau, Maybank
Badrul Syahfendy bin Haji Mohamad ☆, Hong Leong Bank
Daniel Ng Cheng Khoon, RHB
Shera Shah Shaharudin, Citi
Trading
Rank
Name of Individual
Bank
1
Kwan Tsong Chok ☆
Hong Leong Bank
2
Akmal Zaid Mansor ☆
AmBank
3
Joseph Ng ☆
Bank Islam
4
Azmi Mohd Salleh
Citi
5
Rizal Raduan
Affin Hwang Capital
Highly commended
Jessica Cheah, Standard Chartered
Chua Tuan Pey, AmBank
Wei Yang Lam, AmBank
Ooi Pei Xuan, J.P.Morgan
Yang Jun Ken, CIMB
Philippines
Research
Rank
Name of Individual
Bank
1
Nicholas Mapa
ING
2
Emilio S Neri Jr ☆
Bank of the Philippine Islands
3
Jun Trinidad
Philippine National Bank
4
Robert Roces
Security Bank
5
Mike Ricafort
RCBC
Highly commended
Joey Cuyegkeng ☆, ING
Sales
Rank
Name of Individual
Bank
1
Toni Bautista
Standard Chartered
2
Angeline Sia-Uy ☆
Security Bank
3
Carlyn Dulay ☆
Security Bank
4
Gabriel Liboro ☆
Metrobank
5
Kathy Briones
RCBC
Highly commended
Darlene Cu, Citi
Bernard Paco, EastWest Bank
Rossanna Refuerzo ☆, Unionbank of the Philippines
Mary Grace Ong-Singson ☆, First Metro Investment Corporation
Beatrice C Yatco ☆, Metrobank
Trading
Rank
Name of Individual
Bank
1
Cristina P Arceo ☆
China Banking Corporation
2
Kathryn Abes ☆
Metrobank
3
Zheng Wu
Metrobank
4
Dave Estacio ☆
First Metro Investment Corporation
=
Christopher Mendoza
Unionbank of the Philippines
Highly commended
Marco Co, Deutsche Bank
Justine Guerra, Land Bank of the Philippines
Alfie Lacuesta, Standard Chartered
Bernice Joyce Nobleza, First Metro Investment Corporation
Rainier Rubio, Security Bank
Singapore
Research
Rank
Name of Individual
Bank
1
Rohit Garg
Bank of America
2
Sameer Goel
Deutsche Bank
3
Edward Lee
Standard Chartered
4
Euben Paracuelles
Nomura
5
Simon Jong ☆
DBS
Highly commended
Rohit Arora, UBS
Gaurav Garg, Citi
Ezien Hoo, OCBC
Mallika Sachdeva, Deutsche Bank
Sales
Rank
Name of Individual
Bank
1
Wei-Yu Yong ☆
DBS
2
Jolene Chan ☆
J.P.Morgan
3
Xue-Wei Cai
DBS
4
Eugene Leck
CIMB
Highly commended
Fion Chan, ANZ
Kelly Fong, Standard Chartered
Ethan Ling, Deutsche Bank
Ming Ming Loo, Citi
Spencer Teo, Deutsche Bank
Trading
Rank
Name of Individual
Bank
1
Benedict Phua ☆
Standard Chartered
2
Ai-Li Ong ☆
UOB
3
Lionel Lim ☆
DBS
4
PJ Tan ☆
Citi
Taiwan
Sales
Rank
Name of Individual
Bank
1
Emily Hsiao 蕭振慈
Taipei Fubon Bank
2
Debbie Liu 柳怡如
Masterlink Securities
3
Bonnie Yu 游惠如 ☆
Sinopac Securities
4
Una Chen 陳惠瑜
Waterland Securities
5
Rita Lin 林瑋貞
Mega Securities
Highly commended
Sally Chen 陳沂爭, Sinopac Securities
Winnie Chen 陳韻如, Jihsun Securities
Jay Hsu 許俊吉 ☆, Yuanta Securities
Ethan Lin 林書緯, Taiwan Cooperative Securities
Judy Liu 劉怡君, Taiwan Cooperative Securities
Trading
Rank
Name of Individual
Bank
1
Linda Yang 楊雅玲
Taiwan Cooperative Securities
2
Alex Kuo 郭保良
Masterlink Securities
3
張培忠
Taipei Fubon Bank
4
Regene Lin 林俞君
Taipei Fubon Bank
Thailand
Research
Rank
Name of Individual
Bank
1
Nalin Chutchotitham
Citi
2
Tim Leelahaphan
Standard Chartered
3
Amonthep Chawla ☆
CIMB Thai
4
Kobsidthi Silpachai ☆
Kasikorn Bank
Sales
Rank
Name of Individual
Bank
1
Chut Trakoolngam ☆
Bank of America
2
Nattiya Yuarriyakul
Standard Chartered Bank (Thai)
3
Aim-Orn Prugsanuwong ☆
CIMB Thai
4
Rattiya Ratiphokhin ☆
Bangkok Bank
5
Nipaporn Wattanamongkolsiri
CIMB Thai
Highly commended
Nithiwat Khoosuwan ☆, Bank of Ayudhya
Sasiwimon Parthanadee ☆, Kasikornbank
Rabinson Lochotinan ☆, HSBC
Thanchanok Songsapkul, Citi
Thanchanok Suwanchana, HSBC
Trading
Rank
Name of Individual
Bank
1
Rapassorn Varadat
HSBC
=
Kaewritkrib Viriyawathana
Citi

☆ Top ranked for the past three consecutive years or longer
Note: Highly commended individuals are ranked in alphabetical order by their last name.

Methodology
The 2020 Asian Local Currency Bond Benchmark Review surveyed over 300 institutional fixed income investors who are active in 10 Asian currency bond markets: China (onshore and offshore), Hong Kong, Indonesia, India, Malaysia, Philippines, Singapore, Taiwan and Thailand.
As part of the review, Asset Benchmark Research asked the investors to nominate the top sell-side individuals by function: research (including analysts and economists/strategists), salespeople and traders. The nominations collected are subject to two weightings: the first according to the rank in the nomination form and the second determined by the rating of the individual casting the vote.
Based on the nominations received, the top individuals with the highest weighted score are ranked according to their job function and geographic location. Those individuals that rank below the top however meet a required threshold score and votes are considered in the ‘Highly Commended’ category.
This year more than 600 sellside individuals active in Asian local currency bond markets were nominated and over 200 achieved a rank.