| Singapore | 13 May 2017 | Asia Samachar
Singapore-based alternative credit managers EFA Group has appointed experienced banker Deep Singh to a newly created position as Head of Institutional Solutions.
Deep was previously with Bank of America Merrill Lynch, heading the Trade Risk Distribution & Structured Trade Finance business in Asia. As the Head of APAC, he oversaw a US$12 billion loan book and worked on marque Export Credit Agency financings across the region. He also held various positions in ANZ Bank and Coca-Cola Amatil prior to that.
EFA Group is an independent asset manager specialising in private debt strategies, with a focus on real economy businesses, and is regulated by the Monetary Authority of Singapore under EuroFin Investments Pte Ltd. Established in 2003 in Singapore, the group has over 55 personnel between its offices in Singapore, Geneva, Dubai, Istanbul and London, according to information at its website.
Deep’s appointment was announced in a company statement together with Alain Vignon as the new Executive Board Member of EFA Group’s wholly-owned subsidiary in Geneva, Switzerland.
They were described as two highly respected industry players with strong backgrounds in credit and the development of trade-related bank transactions.
Deep will be responsible for product design and execution, strategic projects, and supporting the capital raising process alongside EFA’s Investor Relations team.
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