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
Field takes on the combined role of executive director of origination and portfolio management with the task of improving client service. ôWe are on track for significant volume growth this year and we took this opportunity to combine the origination and portfolio management teams of EFIC to improve EFICÆs client service and risk management,ö says the agencyÆs managing director, Angus Armour.
Field was previously head of global banking at Deutsche Bank in Sydney and has also held a number of roles with Westpac and Lloyds Bank in Sydney, London and Hong Kong.
Meanwhile, Stuart Neilson fills the role of chief financial officer at EFIC having also come from an investment banking background. He was once regional executive in global financial operations and COO at JPMorgan in Australia and chief financial officer for Lloyds Bank NZA.
Commenting on NeilsonÆs appointment, Armour says: ôEFICÆs mandate creates a complex operating environment with diverse and significant exposures in many parts of the world. StuartÆs experience in this area will be a valuable addition to the executive.ö
Investors still favour private equity assets for their higher growth, better governance structures, and diversification potential.
The recent focus on greenwashing has put bond issues under greater scrutiny. However, some market participants believe this risks paralysis by analysis.
The AU$85 billion ($61.6 billion) Australian super fund has some exposure to indebted property developer Evergrande. Meanwhile, China’s construction finance is part of its core strategy in real estate.
Investors are seeing the risks, but also the opportunities of the logistics sector. Warehousing their fears for the moment, they can see it's a good conduit to high-growth assets.