New Appointments At Maybank Kim Eng
April 23, 2012- Maybank Kim Eng has announced two key appointments to its regional management team: Mr. Giles Ong joins as Head, Investment Banking and Advisory; while Mr. Prasenjit Kumar Basu (PK Basu) as Regional Head, Research and Economics. These appointments represent a further step in the organisation’s strategy in becoming a leading regional financial powerhouse by 2015.
Tengku Dato’ Zafrul Tengku Abdul Aziz, Group Chief Executive of Maybank Kim Eng says, “I am proud and excited to lead this team of world-class leaders who have years of experience behind them. With these new appointments, we are now ably supported in our endeavour to build and enhance our business operations as well as to achieve our vision of becoming a regional financial powerhouse.”
Mr. Giles Ong
Head, Investment Banking and Advisory
Mr. Ong will develop and oversee strategies and plans aimed at building Maybank Kim Eng’s global investment banking and advisory business. These businesses include corporate finance, debt markets, equity capital markets and strategic advisory.
Mr. Ong says, "I am excited about the opportunity to work with the Maybank Kim Eng regional management team and to help develop organization into a regional financial powerhouse by 2015.”
Prior to joining Maybank Kim Eng, Mr. Ong was with Citigroup Global Markets Singapore from 2004 to 2011 and was appointed Managing Director, Head of South East Asia Mergers & Acquisition in 2007. Before joining Citigroup in 2004, he worked for Merrill Lynch and Morgan Stanley, where he primarily focused on cross- border mergers and acquisitions out of their Singapore offices. Mr. Ong has a Bachelor of Science (Economics) from London School of Economics and Political Science. He subsequently received his Masters in Business Administration from Massachusetts Institute of Technology.
Mr. PK Basu
Regional Head, Research and Economics
Mr. Basu will oversee the regional research and economics function for Maybank Kim Eng and will be responsible for leading research teams in providing high- quality research.
Mr. Basu says, "Maybank Kim Eng is already one of the top-ranked local brokers in many of the Asia markets it operates in, with a leading retail distribution network. I look forward to further enhancing the existing quality and breadth of our research, and bringing it to the attention of institutional and retail investors around the world."
Previously, he was the Managing Director and Chief Economist, Asia (ex-Japan) at Daiwa Capital Markets, based in Singapore. Before joining Daiwa in May 2007, he was Chief Economist at Khazanah Nasional Berhad (Malaysia’s sovereign wealth fund and a government-linked investment company). Prior to that, he was Chief Economist (SE Asia & India) at Credit Suisse First Boston, and was ranked among the top-3 Asian economists in The Asset poll of fixed-income fund managers in 2001 and 2002, and among the top-5 Asian economists in the Asiamoney equity poll in 2001. He previously worked as an Asian economist at Wharton Econometrics (in Philadelphia) and UBS Securities (in Singapore).