Michael Ridley, managing director of high-yield debt and emerging markets at Salomon Smith Barney, resigned this week to join Chase Securities Inc.

Mr. Ridley, 41, will start with Chase in February as a managing director for emerging markets.

He will be responsible for Eastern European capital markets and report to Moctar Fall, head of global emerging markets.

At Salomon Smith Barney, Mr. Ridley was based in London. He joined Salomon Brothers in 1992 from Westpac Banking Corp., also in London.

Compiled by Jennifer Goldblatt and Omri Ben-Amos

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