Building its global asset securitisation franchise, ABN Amro has announced a string of appointments to its Asian asset securitisation team to deepen its solutions capability and distribution expertise across the region.
Gary Watmore, head of Asian securitisation in ABN Amro’s financial markets business, says: “Securitisation in Asia continues to evolve, with greater emphasis on value-based solutions that focus on balance sheet management and domestic market placement. This expansion will allow us to develop deeper client relationships and the creation of tailored, multi-product solutions.”
Boudewijn Berger joins in Singapore from Fortis Bank in The Netherlands and is responsible for product development, in particular the broader application of ‘Orchid’, ABN Amro’s Asia specific asset-backed commercial paper (ABCP) vehicle. Additionally, he takes geographical responsibility for asset securitisation in Thailand.
Berger has more than 16 years banking experience and his appointment marks a return to the bank, where he worked in a wide variety of banking positions and played an integral role in the development of ABN Amro’s European securitisation franchise.
Mindi Lee also joins ABN in Singapore from HVB Asia to focus on North Asia markets including Taiwan, Hong Kong and China. Lee was a member of the team that completed Taiwan’s first cross-border securitisation and her previous experience also includes a position at an international rating agency, where she had responsibility for securitisation deals in the North Asia region. Before coming to Asia, Lee worked in the US commercial mortgage backed securitisation (CMBS) market for a number of institutions and also the IMF.
Reflecting ABN Amro’s strong Indian focus, Nachiket Naik joins from Infrastructure Leasing & Financial Services (IL&FS) to bolster product development and execution in India. Based in Mumbai, Naik has significant structured finance experience in large scale project finance leasing and asset based lending, as well as in the rating of these transactions at a local rating agency Credit Analysis & Research (CARE).
Part of ABN’s wholesale clients corporate and investment banking unit, Financial Markets provides clients with a single, integrated platform for debt capital markets, structured lending and risk management, employing over 3,000 specialist staff in more than 40 countries. It has leading positions in asset securitisation, sovereign, agency and high-grade international bond and bank capital issues, project finance, loan syndications, FX and derivative products.