Investec appoints acquisition exec
Former GE Capital executive, Furqan Badri will take on an executive corporate and acquisition finance role with Investec Australia, following the group’s entry into the Australian asset-based lending (ABL) market and the withdrawal of GE Capital.
Commenting on Badri’s appointment and Investec’s entry into ABL market, Investec head Simon Beissel, said: “The opportunity in Australia fills the void in the ABL market following the withdrawal of GE Capital”.
“Over the past 12 months, Investec has been setting up the ABL platform which included system installation and the appointment of Furqan Badri.”
Badri has more than 15 years of ABL experience, and led the ABL underwriting team at GE Capital for 18 months and was the senior associate director of the firm between 2000 and 2007. He has also held positions with State Street and Westpac Banking Corporation.
Recommended for you
AMP has appointed a national manager for strategic partnerships, with John Allmey making the move from Mercer Australia.
Bennelong Funds Management has announced new additions to its board following the retirement of chair Lincoln McMahon at the end of this year.
T. Rowe Price has promoted head of Australia and New Zealand consultant relations, Cassandra Crowe, to the equivalent APAC role.
First Sentier Investors has announced two key promotions in its leadership team, with a new global head of distribution and marketing and the newly created role of chief commercial officer.
