April 29, 2020 / 11:14 AM / a month ago

MOVES-Temasek-backed Tikehau hires bank veteran Parekh for Asia role

SINGAPORE, April 29 (Reuters) - French alternative asset manager and investment firm Tikehau Capital said it had appointed banking veteran Neil Parekh to a newly created role as head of Asia, Australia and New Zealand.

Singapore-based Parekh has resigned as National Australia Bank’s Asia general manager and will join the Temasek-backed investment firm at the end of the second quarter.

Parekh, who has 30 years of experience in the financial services industry, is joining as a partner at Tikehau Capital, which had 25.8 billion euros ($28 billion) of assets under management at the end of 2019. ($1 = 0.9218 euros) (Reporting by Anshuman Daga; Editing by Alexander Smith)

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