The International Finance Corporation (IFC), a part of the World Bank Group, has appointed Nicolas Marquier as its next country manager for Singapore. Separately, ESR Cayman Limited has appointed Chang Rui Hua as Group Managing Director.
IFC names new country manager
The International Finance Corporation (IFC), a member of the World Bank Group, has appointed Nicolas Marquier as its next country manager for Singapore.
“Since 2012, IFC has invested more than $2 billion in financing from its own account and mobilization with Singapore-based companies,” said Vivek Pathak, Regional Director for East Asia & the Pacific. “With this appointment, I am confident we can ramp up our sourcing and delivery of impactful investments from Singapore.”
In his previous role at IFC, Marquier was the adviser to the CEO and contributed to the development and implementation of IFC’s strategy and the successful implementation of complex organizational changes, IFC said. He has worked across multiple industries in Europe, the Middle East, and Asia.
ESR appoints Chang Rui Hua as Group MD
ESR Cayman Limited, an Asia Pacific-focused logistics real estate platform, Monday announced that it has appointed Chang Rui Hua as Group Managing Director (capital markets and investor relations).
Hua, who joins ESR from CapitaLand, will report to ESR Group co-founders and co-CEOs Jeffrey Shen and Stuart Gibson, as well as Group CFO Cho Wee Peng, the company said in a statement.
In the new role, Hua will focus on driving ESR’s capital market activities, leading a robust investor relations function and providing insights on market developments. This appointment underscores ESR’s commitment to further engaging the capital markets and accelerating its investor relations efforts to support the group’s long term growth, the statement added.