Three senior Mizuho FX/rates traders exit in Singapore, London

[SINGAPORE] Three senior executives have left Mizuho Financial Group’s foreign-exchange and rates trading teams in Singapore and London, according to sources familiar with the matter.

Those who have departed include Robert Reilly, head of trading for rates and foreign exchange Asia ex-Japan, and Alexandre Manakyan, head of foreign-exchange trading Asia ex-Japan, the sources said, asking not to be identified discussing personnel matters. Amedeo Scippacercola, head of European government bond trading in London, resigned in June, they said.

The departures come at a time other financial firms in Japan are said to be adding employees as rising interest rates buoy demand for trading expertise.

Reilly and Manakyan ceased working at Mizuho in June, according to the Monetary Authority of Singapore’s registry of financial-institution representatives.

Reilly and Scippacercola both declined to comment when contacted by Bloomberg, while Manakyan did not immediately respond to a message sent to his LinkedIn account. A spokesperson for Mizuho declined to comment when approached by Bloomberg.

Mizuho Bank’s Hong Kong-based chief Asian foreign-exchange strategist Ken Cheung left the company last month, Bloomberg reported, citing sources familiar with the matter. BLOOMBERG