Standard Chartered has appointed Paul Absalom as Singapore head of investor sales. He will be based in Singapore and report directly to Adrian Walkling, global head of financial institutions sales.
In this new position, Absalom will be responsible for global accounts in the Asia time-zone and Singapore-covered investor clients.
Absalom spent six years at HSBC Hong Kong as head of hedge fund and central bank sales, where he built and ran its hedge fund sales/structuring business for Asia-Pacific, covering all products except cash equities. Prior to HSBC, he worked at Goldman Sachs in Hong Kong covering a similar client base.
More recently, Absalom co-founded Teak Capital Partners Singapore as managing partner before starting Stockade Asset Management, a hedge fund with a focus on pan-Asian funds, in 2008. As chief executive of Stockade Asset Management, Absalom built the company's infrastructure from scratch.
"I am excited to join [Standard Chartered's] financial markets sales team which has shown strong growth in the past five years and I look forward to deepening the relationships with our clients and growing the business we do together," said Absalom.
"Paul has a proven track record in the finance industry, having built the client business for several financial institutions and developed strong relationships with the clients he worked with. His wealth of experience in the hedge fund and asset management arena will be a major asset to the team and help strengthen our core capabilities to better serve our clients," added Walkling in a press release.