Ninety One has appointed Leong Kae Xiang as a director, specializing in the event and administration of the agency’s infrastructure debt portfolio in South and South East Asia.
In his new position, Leong will probably be answerable for originating, structuring, and executing infrastructure debt transactions throughout South and South East Asia, in addition to managing relationships with key stakeholders. He will probably be based mostly in Singapore.
Earlier than becoming a member of Ninety One, Leong was director, shopper protection group at Clifford Capital, answerable for the origination, association and execution of infrastructure financing globally throughout the debt capital spectrum.
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Previous to that he was vice chairman within the structured finance division at Sumitomo Mitsui Banking Company the place he was answerable for originating and executing debt arranging and monetary advisory mandates for energy, power TMT and infrastructure initiatives in Asia
“Kae Xiang’s deep technical data and intensive expertise in infrastructure debt transactions will play a pivotal position in advancing our development technique throughout South and South East Asia,” mentioned Martijn Proos, co-head of rising market various credit score at Ninety One.
“His experience in originating, structuring, and executing complicated infrastructure offers, coupled together with his deep understanding of rising markets, positions him as a key asset in driving sustainable and impactful investments.
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“Infrastructure growth in these quickly rising markets is important to supporting long-term financial development, and Kae Xiang’s experience and perception will assist us proceed to unlock worth for our buyers.”
Ninety One is the supervisor for the Rising Africa & Asia Infrastructure Fund (EAAIF), which gives long-term business debt to ship inclusive and impactful infrastructure initiatives in Africa and Asia.
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