Bank of America Merrill Lynch has hired Chris Gammons as head of financial sponsors for the Asia-Pacific region, according to a memo seen by Dow Jones Newswires on Tuesday.

Gammons, who will start in March, was previously head of the financial entrepreneurs group for the region at Citigroup Inc.

As financial sponsors head, Gammons will develop the bank's coverage of its private-equity clients.

Gammons effectively replaces Doug Speegle, who returned to the U.S. during the second quarter of last year.

Since then, Tim Latimore, head of financial sponsors for Japan, has overseen the region. Latimore will continue to cover Japan, the memo said.

Gammons will report to Jayanti Bajpai and Jiro Seguchi, co-heads of Asia-Pacific corporate and investment banking at Bank of America Merrill Lynch, and Karim Assef, head of global financial sponsors.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.