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
In the freshly forged post she reports to Pierre Palmeri, the firmÆs head of structured commodity and mining finance in Paris.
According to SGCIB, Clement de GivryÆs appointment comes as it looks to beef up its commodities finance presence in China, which will serve to compliment its existing Singapore and Hong Kong businesses focused commodities trading companies.
Upon arrival, her team will have one employee in Beijing and two in Shanghai. These are commodities finance professionals dedicated to providing structured commodities finance, mining project finance, reserve base finance as well as trade finance services to Chinese and foreign companies in the applicable fields.
Clement de Givry transfers from SGCIBÆs Paris offices where she was a director in the metals and minerals structured commodity finance team with responsibility for CIS, Sub-Saharan Africa and Asian regions. Within the organisation, she was also been responsible for commodities financing, with a focus on the sugar and soft commodity sectors in Mexico.
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.