MAS names sustainability head; Malaysia’s EPF appoints COO and CFO; GIC PE head for SEA leaves; State Super hires new exec; Hesta appoints chief growth officer, chief Debby Blakey appointed to corporate governance board; ex-BlackRock exec joins IQ-EQ in Singapore; HSBC AM builds direct real estate team; ex-Vanguard head of distribution joins LGIM; Sanne names Singapore head; and more
Koo makes the move to ABN AMRO from Barclays Capital where he was most recently head of the financial institutions group for the region. At ABN AMRO, he will be charged with capitalising on growing demand for capital management, asset and liability management, and yield enhancement solutions by banks and insurance companies regionally. He will be responsible for developing ABNÆs relationships with banks and insurance clients in the commercial segment in Asia. This coverage will extend to public sector entities.
Koo brings 15 years of experience to his new role. At Barclays Capital he was responsible for bank and insurance capital management, securitisation and balance sheet advisory.
As head of SME banking, Silva will be responsible for rolling out the SME business in China, Hong Kong, Indonesia, Singapore and Pakistan and providing services to small-to-medium enterprises in the region. The position also entails increasing the scale of ABNÆs existing businesses in India and Taiwan. Silva joined ABN in 1996 and has held a variety of roles at the firm since then.
Both appointees will report to Greg Major, the bankÆs Asia head of commercial segment.
Kwap property arm appoints CEO; VFMC names new CEO as Lisa Gray retires; MSIG Singapore promotes Mack Eng as CEO; Monroe Capital opens first Asia office in Seoul, hires head from Aberdeen; Vanguard Australia appoints new MD to relocate from US; HSBC AM expands EM debt team; Vantage FX hires from CGS-CIMB in Singapore; and more.
Financials and healthcare have been spotted as promising sectors, while several tech IPOs are on the way, including a $2.2 billion fintech firm and a GIC-backed e-commerce startup.
A strong recovery in the Asia Pacific private capital markets in 2021 sets up favourable hiring and compensation trends.
The $95 billion Korean savings will set up a separately managed account for real estate debt investment early next year in order to shorten decision-making and help it win deals in a crowded market.