Apex Group appoints new Singapore Managing Director
Apex Group Ltd. (“Apex” or “The Group”), a global financial services provider, announces today the appointment of John Davis as Managing Director, Singapore. Reporting to Valerie Mantot-Groene, Regional Managing Director, APAC, John will be responsible for leading a team of over 100 locally based experts, and driving the firm’s continued growth and performance in the APAC region.
John brings over 13 years of experience in the Fund Services industry, as a Member of the Executive Committee of the Singapore Fund Administrators Association (“SFAA”) and most recently as Managing Director, Singapore at Mainstream Group. John joined Mainstream Fund Services as a graduate and held a variety of fund services roles including portfolio valuation, unit pricing and performance measurement. John holds an Engineering degree and a Master of Business Administration majoring in finance.
This announcement follows the acquisition of Mainstream by Apex Group. As part of Apex, the former Mainstream business continues to provide fund administration and related services to over 1,400 funds and more than 189,000 investors with funds under administration in excess of AUD $295 billion. Mainstream’s acquisition by the Group has enabled clients to benefit from Apex’s global footprint; accessing new markets through the Group’s globally connected operating model and single-source client offering.
This strategic appointment is further evidence of Apex’s continued commitment to growth across the APAC region to provide clients with the broadest range of locally delivered solutions in the industry; across, fund administration, corporate solutions, financial solutions and ESG services.
Apex opened its first office in Asia in 2007 and now has seven offices across the region, over 400 employees in the APAC region and circa $70bn in regional AUA, making it one of the largest financial services providers in the region.
This latest appointment follows Apex’s continued expansion of its APAC business with the hires of Andrea Gallenca as Head of Private Market Sales – Australia and Prakash Kharel, Head of Real Estate, Asia Pacific, Debbie Lee as Country Head, China and Claudia Bolanos as Head of Corporate Services, APAC.
Valerie Mantot-Groene, Regional Managing Director, APAC at Apex Group comments: “We are delighted to welcome John to Apex to lead and grow our Singapore presence. As we continue to integrate the acquisition of Mainstream in 2022, John will play a crucial role in helping to continually enhance our single-source model, whilst maintaining the highest levels of client service in the region. We look forward to working with John, who joins at an exciting time for our business in APAC as we significantly expand and deepen our service and product offering for clients across all geographies and aspects of their business.”
John Davis, Managing Director, Singapore at Apex Group adds: “I am excited to be joining the Apex Group and the opportunities for our clients who can now access a wider suite of solutions through Apex’s ever-growing global network. The future looks bright for Singapore as it continues to innovate with new fund structures and grow its reputation as a global hub for international asset managers. I look forward to leading Apex’s presence in Singapore as the domicile’s popularity amongst funds continues to go from strength to strength.”