Allfunds Bank, an open architecture funds platform, is boosting its capabilities in Asia with senior appointments to its Singapore office to cater to growing demand from Asian wealth management distributors seeking to streamline operational efficiency.
Oliver Stewart-Malir, joins as chief operating officer (COO) for Asia, Vinita Badlani, joins as head of Funds Groups for Asia, and Edwin Tan, has been named the new head of client services for Asia.
Stewart-Malir and Tan report directly to Alexis Fosler, regional manager for Asia at Allfunds, and Badlani reports to Borja Largo, global head of Funds Groups at the company. The firm has also moved its offices to a new premises to accommodate its growing team in Singapore.
“We are very pleased to have Oliver, Vinita and Edwin onboard. Our investment in personnel expansion exemplifies Allfunds’ commitment to Asia. Their wealth of industry knowledge and experience will certainly add value to our Asia business and contribute to our future growth,” Alexis Fosler, regional manager for Asia at Allfunds, said in a statement.
As part of the growth strategy for Allfunds in Asia, Allfunds Singapore Branch moved to a new office space in Six Battery Road building on 6 Battery Road, Singapore.