ING Wholesale Banking has hired three key senior management positions to its corporate and investment banking platform in Asia.
Elbert Pattijn has been appointed to the role of head of Debt Products Origination, Asia, based in Singapore. He will be responsible for leading a new platform unifying ING’s Loan Syndication, Securitization and Debt Capital Markets activities in Asia to provide an integrated product offering to ING’s global client base. Pattijn transfers from ING Group in Amsterdam, where he was Head of Counterparty Risk, Country Risk, Risk Research and Modelling. He began his career at ABN Amro Bank, before moving to Barclays Bank where he has been involved in a variety of origination and marketing roles, including responsibility for sales of lending, treasury and capital markets products to large multinationals. In 1996, Pattijn joined ING where his initial responsibility was to develop tools to define ING’s risk-adjusted return on capital models.
Ajay Sawhney has been appointed as Head of Acquisition Finance and Sponsor Coverage, Asia in what is a new position for ING Wholesale Banking, Asia. Sawhney is currently Head of Technology, Media and Telecoms Structured Finance, Asia, a position he will retain. Sawhney joined ING in 1994 from Citibank and has over 14 years of Structured Finance experience. He started ING’s greenfield operation in New Delhi and was given the responsibility to Head the Corporate Banking activities for North and East India. In 1996 he was given the task to set up the Project Finance Unit for India. In this capacity he was responsible for the origination and execution of infrastructure related transactions, primarily in the Power and Telecom sectors. In 1998, Mr. Sawhney moved to Hong Kong as a member of the regional Structured Finance team and became Head of the Technology, Media and Telecoms Finance unit in Asia in 2001.
Mark Newman has been appointed Head of Financial Markets, Asia, responsible for all of ING’s fixed income sales and trading, sovereign and credit research, foreign exchange, money markets and credit and equity derivatives. He succeeds Percy Rueber who has been appointed Global Head of Intermediation, responsible for all Financial Markets’ products and clients, and Deputy Global Head of Financial Markets. Newman was previously Head of Structured Products and Structured Credit, Asia — a position he will retain — and has had extensive experience in Financial Markets, joining the Structured Products team in 1998. He joined ING in London in 1992 and has spent eight years in Asia.