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Avaloq group appoints Regional Head of Sales for Asia Pacific

The Avaloq group, the reference for integrated and comprehensive banking solutions, today announced the appointment of Gery Dachlan as its new Head of Sales for Asia Pacific. In this role, Gery will be responsible for driving the company's new business development efforts in Asia Pacific as well as increasing engagement with Avaloq's key regional clients.

Gery Dachlan joins with 17 years of industry experience, bringing an understanding from both the vendor and customer sides of the business. Gery was most recently with TradingScreen Pte Ltd, where he was the Head of Private Banking Sales, Asia. Prior to this role, Gery held regional leadership roles with Temenos Singapore Pte Ltd, Odyssey Financial Technologies Pte Ltd and Thomson Financial Pte Ltd.

According to the latest Capgemini’s World Wealth Report 2013, the Asia Pacific region is expected to have the largest population of high net worth individuals by 2014. Competition amongst the private banks has intensified, with most banks operating with high cost-to-income ratios.

“Avaloq is in a good position to take advantage of this market growth and has already established an excellent client footprint in Asia Pacific with several premier brand names in private banking," said Gery Dachlan. “As the market matures amidst growing cost pressures, a platform that can deliver the operational needs of the wealth management business in a cost efficient manner will increasingly be in demand. With its 100% success rate in customer implementations and its versatility in deployment, Avaloq is well-positioned to capture more of the market in this region.”

Gery Dachlan will join Avaloq Asia Pacific's management team headquartered in Singapore and will report to Peter Scott, General Manager APAC.

Speaking on Gery Dachlan’s appointment, Peter Scott said: “We are delighted to welcome Gery to Avaloq as a part of the roll-out of the organisation’s growth plans for the Asia Pacific region. Based in Singapore, Gery will play a key role in our current expansion plans.”