Richard joined SASI in October 2004 as Vice President of Sales, following roles as Vice President EMEA and Vice President Asia Pacific with RBC Global Services. His experience of the Asia Pacific market extends over many years. Raised and educated in Hong Kong, he has worked for Reuters Hong Kong and managed operations for Thomson Electronic Settlements Group across Hong Kong, Australia and Singapore.
SASI differentiates itself from competitors in the region through its comprehensive service offering, comprising custody, brokerage and securities lending. These services can be delivered in a single package to maximise cost efficiency. SASI will focus on serving small and medium private banks, online brokers and specialist divisions within larger traditional banking groups in core markets of Singapore, Hong Kong, Taiwan, Malaysia and Australia.
Richard believes SASIâs positioning is ideal for Asia Pacific investors. "The Asian crisis and dotcom crash that followed saw many institutions pull out of Asia Pacific, leaving a dearth of high quality service providers in the region," he commented. "SASI already gains a significant share of its business from Asia Pacific and our clients there appreciate our long term commitment and the strategic support of Credit Suisse Group in the region."
Richard will be based in Singapore and can be contacted via SASIâs head office in New York.