Jiro Seguchi named sole head of Bank of America Merrill Lynch investment banking

Seguchi, currently co-head of Asia Pacific Global Corporate & Investment Banking (GCIB), the company’s investment banking business in Asia Pacific, will move from Tokyo to Hong Kong, said Reuters.

He has also been serving as country executive and president of Merrill Lynch Japan Securities. He will keep those responsibilities until a replacement is announced.

Jayanti Bajpai, who has been serving as co-head of GCIB with Seguchi, will move to London in the first quarter of 2014 to become vice chairman of the business for Europe, the Middle East and Africa.