ETF Securities loses Asia-Pac sales head

Nigel Phelan has quit his post as Asia-Pacific head of sales at commodity exchange-traded funds firm ETF Securities and will be on gardening leave until March. He is moving back to his native Australia, from Hong Kong, for personal reasons, says Fred Jheon, Asia-Pacific head of the business. Phelan had held the role since December 2011, before which he was head of sales for Australia and New Zealand. ETF Securities is seeking a replacement and expects to name a new hire in the n…