Texel Group, a broker specialising in credit and political risk insurance, has expanded its Singapore operations with the addition of Davis Ng and Hélène Heas as brokers.
Both will report to Angela Chang, managing director of Texel Asia, as the firm focuses on growing its market share in the Asia-Pacific (APAC) region.
Ng (pictured, left) brings nearly 15 years of experience in financial services and investment in Singapore and Hong Kong.
Most recently, he served as executive director at Arcor Capital, where he was responsible for private capital transactions in Asia. His career also includes roles at SMBC, GE Capital, and ANZ Bank, focusing on structured finance and private credit.
Ng is also nearing completion of a Master of Science in Finance from New York University’s Stern School of Business.
“Texel’s reputation for collaboration and excellence is unmatched, and I look forward to working closely with Angela and the team to drive the growth in the Asian market,” Ng said.
Heas (pictured, right) joins from Coface, where she spent nearly 10 years, most recently as regional head of financial institutions for the APAC region.
Her prior experience includes a role as vice president for loan syndications, origination and sales at Crédit Industriel et Commercial in France.
Heas also holds a Certified Trade Finance Professional qualification and is a member of the Southeast Asia Regional Committee of the International Trade and Forfaiting Association (ITFA).
Heas commended Texel’s strong reputation in the credit insurance market.
“It has a fantastic reputation among its client base and among the insurance industry, particularly having advised on many landmark transactions,” she said, adding that she will leverage her experience to help strengthen the company’s position as a trusted advisor.
Chang said Heas’s background in international banking and credit insurance, combined with Ng’s expertise in structured finance and private credit, will help the company better serve its clients across the region.
“Hélène and Davis are fantastic additions to our Singapore team,” she said.
In related news, Texel recently announced a series of senior leadership appointments.
William Shaw, who previously served as managing director of Texel Asia, has transitioned to the role of deputy CEO and has relocated to London.
Shaw, who has been with Texel since 2003, was instrumental in establishing the company’s presence in Asia, where he led its Singapore office for 12 years.
Additionally, Jonathan Crossfield has joined the company as chief financial officer, based in London.
He comes to Texel with extensive financial leadership experience, having previously worked at Deloitte & Touche, Cazenove, and Bank of America Merrill Lynch.
