Global fund administrator TMF Group has expanded its Singapore-based fund services team with the hire of two new senior executives to accelerate the growth of the business unit.
The firm has hired William Fung as head of fund services, Singapore and Malaysia, and Thurgagini (Gini) Thaverajah as a client services director.
Fung joins from alternatives fund services firm Alter Domus where he was head of operations in Singapore and acted as the main point of contact for client escalations. He also previously spent over year at TMF Group as a solutions architect where he was responsible for developing fund administration capabilities in the Asia-Pacific (APAC) region.
Meanwhile, Thaverajah has joined from Citco Fund Services in Singapore, where she held several positions since 2011. She played a critical role in setting up a fund accounting department and was involved in establishing Citco’s office in Mumbai. She also managed fund launches and conversions.
Thaverajah will focus on TMF’s APAC fund clients ensuring that they are supported with the highest quality service standards throughout the globe.
“TMF Group’s Fund Services team continues to expand rapidly, Singapore is a vital pillar of our global platform and we are delighted to reinforce our team with talent of this quality. Our focus throughout 2021 and beyond will be to retain the best talent in the industry and support them with cutting edge technology, to deliver market leading solutions for our clients,” said Andrew O’Shea, global head of fund services, TMF Group.
Fung will report to O’Shea and Edmund Lee, TMF Malaysia and Singapore’s managing director, while Thaverajah will report to Melanie Peploe, chief operating officer for fund services.
The hires are the latest by TMF Group as it looks to bolster its APAC fund services business. In October, it appointed Sabrina Li as head of its fund services division for the China and Taiwan market. She joined from State Street where she was previously head of hedge fund net asset value (NAV) services in China, and had also held various fund services roles at Citco and HSBC.