The UK-based specialist debt advisor looks to expand its luxury finance activities in the Asia Pacific region.
Arc & Co, a UK-based specialist debt advisory, has announced that it has appointed Paul Davies as a non-executive chairman for the Asia Pacific region.
Davies will continue to be based in Singapore although he will have a wide remit to travel throughout the region in order to develop Arc's business in the private wealth sector, part of which involves providing client funding options for luxury assets, including jets and yachts.
Arc's main business is to advise clients on commercial and residential real estate finance in Europe although it also provides debt financing advice for jets and yachts globally. The company also has a debt advisory team based in Singapore that helps investors invest in real estate located in Europe and the UK.
Extensive Banking Experience
Davies has more than three decades of experience in the financial industry, holding senior executive positions at NatWest Bank and Coutts in numerous countries, the last of which was as Coutts vice chairman for Southeast Asia.
He will continue to provide strategic business development advice in the wealth management and philanthropic sectors while maintaining his position as a board director at Singapore charity AIDHA, which assists migrant domestic workers and low-income Singaporean women by providing them with financial education.
