Clifford is Global head of Fixed Income and is responsible for the build-up and continual development of the DBS’ bond origination, structuring, ratings, syndicate and global sales businesses for all bond-related products. Hired in 2004 to build an international fixed income business for DBS focused on the Asian credit markets then dominated only by foreign investment banking incumbents, Clifford oversees a team of around 70 professionals spanning 8 countries – Singapore, Hong Kong, China, Indonesia, India, Taiwan, Japan and London – and stands as the only Asian bond house operating across Asia in G3 and select domestic currencies.
Clifford started his career in the Management Associate Programme in Citibank Singapore. He subsequently joined a group of ex-Lehman Brothers and Citibank alumnus to help set up the first Asian bond-house, Peregrine Fixed Income, then the first investment banking operation headquartered in Asia ex-Japan and specialized in the region. He was given the global ”10 Rising Stars in Securitization” award by Global Capital/Institutional Investors in 2008. He was also conferred the title of “IBF Fellow” by The Institute of Banking and Finance Singapore (IBF) in 2014 in recognition of leadership and contributions to the financial industry in Singapore.