28 Aug 2019
Avaloq appoints New Head of Asia; announces its 2019 Community Conference in Singapore

Avaloq, the global fintech leader, has appointed Imad Abou Haidar as the firm’s new Head of Asia. Imad joins from London-headquartered software firm Finastra, where he was Managing Director for the Asia-Pacific region based in Singapore. The appointment coincides with Avaloq releasing details of its 2019 Singapore Community Conference to be held on 5 September at The Westin Hotel.

Imad, who will be stepping into his new role in October, had worked at Finastra since 2016 as Managing Director for the Asia-Pacific region. At Finastra, Imad led the transformation of the firm’s regional strategy and portfolio growth initiatives in both established and emerging markets. Imad is known for building long-term, value-adding relationships with clients and industry partners, and is a passionate client advocate. His previous roles also include Head of Business Development, Asia, for French tech solutions firm Murex, and Head of Software Sales and Pre-Sales, Asia Pacific, for Moody’s Analytics.

At Avaloq, Imad will report to Paco Hauser, Global Head of Markets. Furthermore, Pascal Foehn will continue to support the team in Asia on the ground in addition to his role as Avaloq’s Group COO after having led the market region ad interim since December 2018. Avaloq thereby increases its management focus on Asia to ensure the continuous capitalization of Avaloq’s strong momentum in the region.

Juerg Hunziker, Group CEO, Avaloq, said: “This is a truly exciting time for Avaloq in Asia. We are delighted to welcome Imad to the senior management team – he has an exceptional track record of success, extensive experience and strong relationships across the region. Endorsed by our Group Executive Board members Paco and Pascal, he will bring our footprint in Asia to the next level. In the last 12 months Avaloq has attracted more leading banks and wealth managers to capitalise on the powerful benefits that our SaaS and BPaaS solutions deliver. Our growth dynamics in Asia have become very attractive and I am convinced that Avaloq will further extend its leading position in the region.”

Avaloq’s 2019 Singapore Community Conference will build on last year’s record event to bring together clients, partners and stakeholders from the regional and international Avaloq Community, which includes leading banks and wealth managers such as LGT, HSBC, Deutsche Bank, DBS, Nomura, CITIC Bank International, China Industrial Bank, Agricultural Bank of China, Crestone, Royal Bank of Canada, Kasikorn Bank and Bank of Asia.

The Asia event will complement Avaloq’s Community Conference held in Zurich in June, which focused on how institutions can ‘future proof’ their business models through Avaloq’s product suite and its global community of leading fintech partners. Attendees will learn about the company’s latest products and services and spotlight:

  • Avaloq’s strategy and architecture roadmap
  • How Avaloq supports digitalization and enables the democratization of wealth management with its leading wealth management platform, its new relationship manager cockpit and its omni-channel client engagement platform
  • The recent acquisition of Derivative Partners AG, a leading independent information and data provider for Structured Products and Derivatives
  • Key developments in Business Process as a Service (BPaaS), SaaS, and Avaloq’s financial cloud technologies
  • avaloq.one, Avaloq’s recently launched intuitive and collaborative platform designed to help the financial services industry in its efforts to work more effectively with fintechs

There will be a strong focus on the future of data. Avaloq will reinforce its commitment to clients by presenting two solutions in the field of data science that will enable financial institutions to increase the value of data to better serve their clients. By leveraging the value of data, Avaloq is set to deliver the next generation of digital experiences to clients, partners and other stakeholders.

Imad Abou Haidar, Head of Asia, Avaloq, said: “Avaloq’s Community Conference has become an established opportunity to discuss and highlight the very latest in digital and data-led solutions driving the future of the global financial services market. I greatly look forward to meeting and welcoming clients and partners and to discussing how financial institutions can future proof their business models through Avaloq’s market-leading digital solutions. Avaloq has quickly become the most competitive tech firm in the region and I’m delighted to be joining the firm at such a key time.”