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
Lin replaces Eric Ngian, who resigned for æpersonal reasonsÆin April this year. Lin will answer to Frederick Chin, MD and CEO of Greater China.
Bank of AmericaÆs activities in the region have attracted great attention since the unexpected investment for a 9% stake in China Construction Bank in June last year.
Lin has 26 years experience in Taiwan and the US, covering lending, treasury, and risk management. Lin was previously GM of the Taipei branch of Union Branch of California. Lin has also worked at JPMorgan, China Securities Investment Consulting and for Seattle First Bank (which was later absorbed by Bank of America.)
Lin has a BA from National Taiwan University and an MBA from Washington.
Taishin is the islandÆs second-largest credit card issuer and the tenth-largest listed finance conglomerate by market cap.
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.
EISS Super hit by another scandal; China's CSRC launches consultation on disclosure requirements for new BSE securities; Hong Kong issues consultation paper on Spacs; New World Development partners with China Taiping to focus on Greater Bay Area projects; GPIF employees say Japanese Reits have grown more attractive; Taiwan's BLF invites bid for $1.7 billion mandate; and more
SGX’s new framework for Spacs will likely provide investors with a much-needed channel for direct deals, but the verdict is still out on whether it will bring liquidity to the bourse.