People Digest: IFC names new SG country manager; ESR appoints Group MD

Photo: Bloomberg

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.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.