Fintech specialist Avaloq has appointed Imad Abou Haidar as the firm’s new Head of Asia. Haidar joins from London-headquartered software firm Finastra, where he was Managing Director for the Asia-Pacific region based in Singapore.
Haidar who will take up his new role in October, had worked at Finastra since 2016 as Managing Director for the Asia-Pacific region. At Finastra, he 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 capitalisation of Avaloq’s strong momentum in the region.
Juerg Hunziker, Group CEO, Avaloq, says: “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.”