Singapore-headquartered fashion marketplace Zilingo has named James Perry as its first Chief Financial Officer (CFO) while US financial services firm Jefferies has appointed Jonathan Slone as its Asia chairman.
Zilingo appoints first CFO
Singapore-headquartered fashion marketplace Zilingo has named James Perry as its first Chief Financial Officer (CFO).
Perry was earlier the managing director and head of technology investment banking for Asia Pacific at Citigroup.
With 20 years of experience in corporate finance, he has helped clients raise over $150 billion, including 40 IPOs in the US and Hong Kong; and advised technology companies on over $80 billion in M&A transactions across six continents.
“We are thrilled to welcome James into our leadership team as we expand our horizons and take the company global. It’s a very exciting time for us,” said Zilingo co-founder and CEO Ankiti Bose.
In February, Zilingo raised $226 million in a Series D round backed by existing investors Sequoia Capital, Burda Principal Investments and Sofina as well as new backers Temasek Holdings and EDBI.
It has said it plans to use the capital to expand in the Philippines, Indonesia, Australia and the US. Zilingo is said to be valued at close to $1 billion after its last funding round.
Jefferies names Asia chairman
US financial services firm Jefferies has appointed Jonathan Slone as its Asia chairman, according to a statement.
Slone will be based in Hong Kong and focus on the firm’s major relationships for investment banking and trading throughout Asia.
Before joining Jefferies, he worked at CLSA Ltd., where he was their longstanding chairman and chief executive officer. He oversaw CLSA’s global operations of broking, investment banking, asset management, research and sales.
“We are excited to welcome Jonathan as Chairman of Jefferies’ Asia business,” said Jefferies CEO Rich Handler, and president Brian Friedman in a statement.
“The significant hires in recent weeks across our firm’s Asian platform represent the next stage of growth and commitment to our firm’s continued global expansion. These new additions, combined with our strong existing team, will enable Jefferies to even better serve our global client base.”
Jefferies Group LLC is one of the largest independent full-service global investment banking firm headquartered in the US.