Bank of America Names Sawhney, Su as Asia Pacific ECM Co-Heads

Bank of America Corp. has named Akshay Sawhney and Kevin Su as co-heads for equity capital markets in Asia Pacific, according to a memo seen by Bloomberg News.

(Bloomberg) — Bank of America Corp. has named Akshay Sawhney and Kevin Su as co-heads for equity capital markets in Asia Pacific, according to a memo seen by Bloomberg News.

Sawhney and Su are taking over from Anvita Arora and Tucker Highfield to oversee the business, the memo said. Arora is relocating back to the UK, while Highfield has decided to retire from the industry.

Read more: BofA Asia ECM Co-Head Highfield Said to Retire From Banking

Su joined the US bank in 2001 in New York and moved to Hong Kong two years later. He was most recently vice chairman of Asia ECM and head of China ECM. Sawhney has been with Bank of America since 2012 and was most recently head of capital markets solutions for Asia Pacific. 

A representative for Bank of America declined to comment.

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