Bank of America Merrill Lynch has appointed Chris Gammons as head of the financial sponsors group, Asia Pacific.
Hong Kong-based Gammons will begin work in March. He is responsible for enhancing the bank’s coverage of private equity clients and providing services such as arranging financing for transactions and sourcing investment opportunities, according to a bank spokesman.
Gammons will report to Jayanti Bajpai and Jiro Seguchi, co-heads of Asia Pacific corporate & investment banking, and Karim Assef, head of global financial sponsors. He will work in a parallel role to Tim Latimore, who continues as the head of financial sponsors Japan.
This marks Gammons' second stint at the bank. In the late 1990s, he was part of Merrill Lynch's corporate credit team and later its debt capital markets team, focusing on opportunities for issuers in Indonesia and Southeast Asia, noted an internal memo from the bank.
Gammons joins from Citigroup where he was promoted to head of the financial entrepreneurs group in December 2008, after the group’s former head Chris Laskowski relocated to Chicago. He joined Citigroup in June 2007.
Before Citigroup, Gammons was head of the debt products group in global banking of Deutsche Bank in Hong Kong, where he was responsible for high yield fixed income and syndicated leverage finance. Before that, he worked for JPMorgan’s debt capital markets group for Asia excluding Japan. He began his investment banking career in 1994 at Chemicals bank in New York.