Multifonds has bolstered its Asia division with the hires of Chee Seng Lok as business development manager, and Andy Chua as regional product manager.
Based in Singapore, they will be working together with Sandra Puah who heads the Multifonds professional services team in Asia. Their focus will be to further expand Multifonds business in Asia with its multi-jurisdictional, single platform.
Oded Weiss, CEO at Multifonds, said: We are excited to have Chee Seng and Andy on board. They are great additions to the Multifonds team and bring invaluable experience of the Asian market to the company that will help us continue to build a strong presence in this region. The hires follow the successful roll-out of our software in Citis and HSBCs offices across Asia.
Lok joins from BNP Paribas Securities Services where he was a director and product head for Asian fund services.
Chua was previously the global operation head for fund services at Standard Chartered Bank where he oversaw the roll out of three new platforms, namely fund accounting, alternative investment transfer agency and retail transfer agency.
Chua said: Multifonds is a fantastic platform for the funds services industry and it is an exciting time to be joining them. Asia is a fast growing market and the products single-platform, multi-currency and multi-lingual abilities mean that it is positioned to do well in the east.
(JDC)