KUALA LUMPUR (May 18): Maybank Kim Eng Securities Pte Ltd (Maybank Kim Eng Singapore) has appointed Aditya Laroia as its chief executive officer (CEO) effective immediately.

In his new role, Laroia will be responsible for the overall securities and investment banking businesses in Singapore, as well as the execution of Maybank Kim Eng’s five-year plan, anchored by a sustainability-first approach to help clients leverage environmental, social and governance (ESG) opportunities that can generate alpha.

According to Maybank Kim Eng Singapore in a statement, Laroia has over 23 years of experience in financial markets in New York, London and Asia. He joined Maybank Kim Eng Group in May last year as the regional head of prime brokerage and head of investment management for Singapore. He has been instrumental in developing the prime brokerage business and its expansion into new markets, such as its launch in the US late last year.

“Singapore is a key home market for Maybank Kim Eng Group as it is a financial gateway for many of our client segments. With Aditya’s global experience and strong capital markets know-how, I am confident that he will strengthen our franchise in Singapore to continue providing Asean-leading solutions to our clients," Maybank Kim Eng Group CEO Datin Ami Moris said.

Prior to joining Maybank Kim Eng Group, Laroia was the head of sales for Asia-Pacific at Saxo Group, where he was responsible for origination, sales, relationship and account management for the region. He also held senior roles at Nomura and Lehman Brothers.