The Avaloq group, an international leader in integrated and comprehensive solutions for wealth management, universal and retail banks, announces the recruitment of Anantha Ayer.
He will assume the position of CEO of the planned Business Process Outsourcing (BPO) centre in Singapore.
Anantha Ayer joins Avaloq following more than 20 years in distinguished leadership roles in Technology and Operations within the Asset & Wealth Management industry. He was most recently the interim Head of Wealth Management Operations (Global) at Deutsche Bank AG. Prior to that he has lead teams from Technology, Operations and large change initiatives across various financial centres.
"I am delighted to have Anantha joining Avaloq at this exciting time. Given our ambitious goals for the Asia Pacific market, we want to have the most talented people in senior management roles. Anantha brings a strong leadership in building organisations and his skills and experience in the banking operations and technology area will prove invaluable as Avaloq builds its presence in the Business Process Outsourcing (BPO) centre in Singapore for Asia Pacific", comments Peter Scott, Chairman of the Board, Avaloq Sourcing Asia Pacific (Singapore) Pte. Ltd.
Commenting on his appointment, Anantha Ayer says: "I am very enthusiastic to be part of this exciting journey with Avaloq. I am convinced that the BPO offering from Avaloq provides benefits, advantages and opportunities to banks and wealth managers – not only a cutting edge technology platform but also an industrialised operational process to support the businesses."