Leeson did such a good job cleaning up the back-office problems in In-donesia that the bank promoted him. His rise after that was meteoric. In January 1992, Barings assigned Leeson to its newly opened singapore branch; shortly thereafter, he became head of derivatives trading at Barrings' Singapore office, Barings Futures singapore (BFS). Leeson's rise to promi-nence was reflected in his annual bonuses, which were more than twice as large as his annual salary.