Dresdner Kleinwort Wasserstein has hired Malcolm Perry as head of credit products, filling a gap in its senior capital markets management team left after Achilles Macris stepped down as co-head of capital markets in September.

Perry, who joins next month, was previously at JP Morgan, where he spent 12 years. He was most recently global head of credit portfolio management at the US bank, responsible for portfolio research, management, trading and solutions.