People Moves

IQ-EQ Names Asia Chief Commercial Officer

Editorial Staff 13 April 2022

IQ-EQ Names Asia Chief Commercial Officer

The firm has made waves since it renamed from SGG Group in 2019, growing organically and by select M&A deals.

IQ-EQ, the investor services group, has appointed David Kim as its new chief commercial officer for Asia, based in Singapore. The appointment comes as the firm continues a round of prominent hires.

Kim has more than 25 years’ experience in the financial services industry. Prior to joining IQ-EQ, he served as head of client services, Southeast Asia for a prominent financial institution. He has also previously held a series of senior positions within the asset servicing division of a major corporate investment banking company, in the US, South Korea and Singapore.

“It’s an exciting time for us as we bolster our client portfolio in line with high demand for our services in the region, so we are delighted to have David on board to further harness this potential,” Michael Marquardt, IQ-EQ’s regional CEO for Asia, said. 

The firm has made waves since it renamed from SGG Group in 2019. About a fortnight ago, IQ-EQ appointed Tasnoova Zaki as new group compliance head, a newly-formed role as regulatory requirements continue to mount.

IQ-EQ employs more than 3,600 people in 24 jurisdictions and has assets under administration of more than $500 billion.

Steve Sokic, IQ-EQ, group head of private wealth, recently spoke to this news service about the firm's growth strategy in the US, Asia and other regions.

In January last year the firm built a real estate team in Asia. 

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