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As Standard Chartered strengthens its leveraged finance business in Europe, it’s turned to one of the two men we recently reported as leaving Intesa San Paulo in London for help.
Mikolaj Zieleznik was only at Intesa in London as head of loan capital markets for 17 months before he quit. He’s understood to have joined Standard Chartered instead.
Neither Standard Chartered nor Zieleznik responded to a request to comment. Before his brief interlude at the Italian bank, Zieleznik spent 17 years at Morgan Stanley where he was latterly head of EMEA non investment grade syndicate.
It’s thought that Zieleznik will run leveraged finance syndicate for EMEA and the Americas at Standard Chartered.
After a strong first quarter, leveraged loan issuance declined in the tariff chaos of Q2. Nonetheless, as Natalie Day Netter, head of EMEA Leveraged Finance Syndicate at JPMorgan pointed out in April, there are “windows” in which deals can be done and banks are ensuring they’re appropriately staffed to do so.
Standard Chartered has strengthened its leveraged finance team with various new recruits in recent years, not all of whom have endured. Greg Rye, for example, joined from Credit Suisse in May 2023, only to leave for Bank of America in December 2024.
Former Deutsche Bank managing director Nikko Hayes joined Standard Chartered in New York in April 2025 after a period at his own credit fund, Acme Capital. Heath Lohrman joined recently as an executive director in London after 14 years at Citi.
Standard Chartered is attempting to cut costs by $1.5bn. To this end, it is moving jobs in locations like Singapore to India.
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