Vincent Hoarau has been appointed head of financial institutions, covered bond and ABS syndicate at Crédit Agricole CIB, following the recent departure of Bruce Cairnduff to Asia.

Hoarau was previously head of covered bond syndicate and worked alongside Cairnduff, who was until July head of financial institutions and covered bond syndicate.

However, Cairnduff has moved to Hong Kong to become head of Crédit Agricole CIB’s debt capital markets team for Asia.

Hoarau joined Crédit Agricole CIB from LBBW in October 2010.

He reports to Jean-Luc Lamarque, global head of syndicate and MTNs at Crédit Agricole CIB.