He replaces Harmeet Singh Bedi, who left after six years at the firm in 2020 for Prime US Reit, a Singapore real estate investment trust.
Maybank Kim Eng, the fully owned investment banking arm of Malaysia-headquartered Maybank, has appointed Aditya Laroia as chief executive officer, Singapore, according to an announcement on Wednesday.
Laroia joined Maybank Kim Eng in 2020 as head of prime brokerage and country head of investment management in Singapore. In his new role, he will be responsible for the firm’s overall securities and investment banking business in Singapore and the execution of its five-year plan that is anchored by a sustainability-first approach.
The new chief brings over 23 years’ experience in financial markets in New York, London and Asia.
He was previously head of sales Asia-Pacific at Saxo Markets, responsible for managing all sales and commercial activities for Saxo Group in the region. Before joining Saxo in 2012, he spent 4 years at Nomura in London, and 10 years at Lehman Brothers.
Singapore is a key home market for Maybank Kim Eng Group as it is a financial gateway for many of its client segments, Group CEO Ami Moris said in the announcement.
With Aditya’s global experience and strong capital markets knowhow, I am confident that he will strengthen our franchise in Singapore to continue providing Asean-leading solutions to our clients, Moris said.