Hospitality unicorn OYO has appointed a new country head for Indonesia, while alternative investment firm HQ Capital has roped in a new managing director in Asia.
OYO Indonesia appoints new country head
OYO Hotels and Homes on Tuesday announced that it has appointed Alfian Lim as its new country head for Indonesia, replacing Rishabh Gupta.
Lim has 20 years of experience managing large and complex business operations in Indonesia and abroad.
Prior to joining OYO, he served as a business unit head at Asia Pulp and Paper, an affiliated company of Indonesian conglomerate Sinarmas Group. He has also completed stints at Bain and Co in Singapore and Hewlett Packard in Silicon Valley.
“I am happy and proud to be part of the OYO extended family in Indonesia, working together with OYOpreneur who are passionate to shape the future of the company and our industry and mission. I am ready to support OYO to continue to carry out its mission of creating quality residences in all cities in Indonesia,” Lim said in a statement.
HQ Capital Ropes in New Managing Partner
Investment firm HQ Capital, which is a part of the Germany-based HQ Group, has appointed Motoya Kitamura as a managing director with a special focus on Japan, according to a statement.
Kitamura’s appointment will strengthen the Asia investment team and its global investment platform, HQ Capital said in a statement. He will be based in Tokyo and Hong Kong.
“Motoya has long experience in private equity fund investing, on both a primary and secondary basis, as well as co-investments, and he brings a deep understanding of the market in Japan, which is an increasingly important one for HQ Capital,” said HQ Capital’s Asia head David Pierce.
Prior to joining HQ Capital, Kitamura served as a managing partner at secondaries-focused investment firm AB Value Capital Partners. He previously served at several investment firms, including Macquarie Group, Alternative Investment Capital, and RoC Partners.