The Dutch pension asset manager's Asia Pacific head of real estate says his team has just had one of its busiest years ever and that 2021 is looking similarly promising.
In this regional role, Bahl will assume responsibility for the development of ABN AMROÆs credit card business in Asia. ABN describes his appointment as an opportunity to capitalise on growth opportunities that the mass affluent market in Asia is currently offering.
ôThe credit card business constitutes an important part of ABN AMROÆs consumer
growth strategy in Asia,ö says Brown. ôLeveraging on our innovative product offering and global expertise in adapting to local consumersÆ changing needs, our credit card business is experiencing continued growth both in terms of customer acquisition and spending.ö
Before crossing to ABN, Bahl was regional head of secured and unsecured lending at Standard Chartered. At StanChart he also held the role of global marketing head, credits cards and personal loans from Singapore.
His career also includes time at Citibank as regional cards director for EMEA, regional marketing director for Latin America, cards marketing director for Indonesia and bankcards marketing manager for India.
In total, he brings 22 years of related experience to ABN.
There is definite proof that sustainability-focused funds are outperforming their conventional counterparts. But some experts believe the traditional explanations for this are wrong.
As Covid restrictions continue to put the bite on travel, Australia's superannuation funds are seeing mileage in spending big on communications and digital infrastructure.
Sunsuper and QSuper appoints CIO for combined entity; State Street appoints heads of HK and Taiwan; Nothern Trust rebuilds Apac team; Manulife IM names emerging markets fixed income CIO; RBC Wealth Management hires four into HK; Lombard Odier hires two senior equity managers; Allianz Global Investors appoints Asia hand as equity CIO; and more.
Investors from China and the US are expected to continue buying assets in each other’s markets despite the blacklist of Chinese firms with military and surveillance ties.