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
FRSGlobal provides global risk and regulatory compliance reporting solutions. The firm is solely dedicated to regulatory reporting and supplies financial organisations worldwide with an independent and multi-country regulatory reporting platform.
ôThe regulatory demands upon the banking industry are increasing on a daily basis worldwide and will be accelerating in Asia-Pacific, hitting businessesÆ financial, knowledge and people resources,ö says FRSGlobal CEO Steve Husk, noting that the new roles in Asia reflect expectations of more business opportunities form this region.
Based in Singapore, Thurley heads up the Asia-Pacific team. He joins from Calypso Technology where he also looked after the region. Previously, he was a sales and marketing director at financial information systems provider Fiserv CBS.
ôFinancial reporting in Asia-Pacific is gaining a great deal more attention and scrutiny from the authorities and this is expanding our business dramatically,ö Thurley notes. ôI have been in Asia-Pacific 15 years and there is now certainly more activity in the regulatory and compliance area.ö
Paul û who notes that a strong Asia-Pacific strategy will be key to the growth of FRSGlobal û was a founding member of software provider Calypso Technology, where he worked on projects in Australia, Japan and Singapore. More recently, he helped to open strategic new accounts for the company in Dubai and India.
Suvan will oversee the growth strategy in global markets from this region. He was involved with several high-growth technology firms in Europe including Sybase and Cambridge Technology Partners. He joins FRSGlobal following more than five years at Hewlett-Packard where he oversaw the growth of the services business for HPÆs EMEA Financial Services corporate accounts.
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.