People Moves

Who's Moving Where In Wealth Management? Withers, ABACA, Others

Editorial Staff 15 May 2019

Who's Moving Where In Wealth Management? Withers, ABACA, Others

The latest moves in wealth management across Asia-Pacific.

Withers
Withers KhattarWong, the Singapore office of international law firm Withers, has hired merger and acquisition and debt restructuring partner Erlene Tan. Tan joins from RPC Premier Law, the Singapore office of RPC.  She has also worked as a senior legal counsel at CapitaMalls Asia.

Tan specialises in advising family-owned companies in Indonesia and Singapore on a range of corporate and commercial matters including cross border M&A and joint ventures, regulatory, debt restructuring and finance.

"Erlene's focus on businesses owned by Indonesian families resonates with our core strategy of expanding the personal and business services we provide to private wealth in the region," Jeremy Wakeham, CEO of Withers' Business division, said.

ABACA
The Philippines-based Asia Blockchain and Crypto Association, or ABACA, has appointed Erik Wilgenhof Plante to join the board of advisors.

Beore joining BEQUANT – the cryptocurrency exchange and prime brokerage – he was a financial regulator for the Abu Dhabi Global Markets and a founding board member of the Singapore chapter of the Association of Certified Anti-Money Laundering Specialists (ACAMS). Erik Wilgenhof Plante is a Fellow of the International Compliance Association (ICA).

ABACA was granted Self-Regulatory Organization Status by the Cagayan Economic Zone Authority as the governing business association for all Offshore Digital Asset Exchanges, FinTech Companies and Authorized Service Providers in the “Crypto Valley of Asia,”. That term applies to the Cagayan Special Economic Zone and Free Port in Santa Ana, Cagayan, Philippines. ABACA also serves as CEZA’s Policy and Regulatory Research Center.

ICBC Standard Bank
ICBC Standard Bank, the organisation formed four years ago when China's ICBC bought a 60 per cent chunk of StanChart's global markets business, has appointed a head of commodities structuring for Asia.

The appointee is Florent Darlet. He will lead the team in structuring and executing both risk-management functions and structured financing solutions for the bank’s global client base.

Darlet will be based in the bank’s Singapore office, and will report directly to Henry Luo, head of global markets structuring, with a line to Stephen Gargiulo, global head of FICE (fixed income, currencies and equities) sales and structuring. He has almost 20 years of experience in structuring solutions, the last 10 of which have been focused on commodities. Joining the bank from Sberbank CIB’s Moscow headquarters, he was most recently MD of the Structured Products Group.

Darlet started his career in his native France as an analyst for Merrill Lynch and has worked across the world, from London and Singapore with Credit Suisse, to Hong Kong with HSBC.

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