Fund provider Cim Global Business has appointed a new Managing Director for Singapore and Business Head for Asia. He joins from Standard Chartered Bank.

Udit Gambhir joins Cim Global Business from Standard Chartered Bank in Singapore, where he was leading the sales initiatives for Investors and Intermediaries, the firm said in a press release.

Prior to Standard Chartered, Gambhir held a variety of sales and operational roles including fund administration of Private Equity and Hedge Funds in multiple jurisdictions including Singapore, Canada, USA and India.

Cim Global Business has been operating in Singapore since 2011 and has over $150 billion of assets under administration.

Great Believers in Long Term Future of Singapore

The firm offers Corporate, Fund, Trust Fiduciary services and Professional Services Outsourcing solutions to institutional investors, asset managers, private equity fund managers, development financial institutions, sovereign wealth funds, banks, hedge funds and high net worth individuals.

«We are great believers in the long term future of Singapore as the leading financial hub for South East Asia, and more broadly as an ideal gateway to Asia. To us, Singapore stands out amongst its ASEAN peers for its exceptional stability and transparent business climate,» said Graham Sheward, Managing Director of Cim Global Business.

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