Marex announced that it has onboarded Arthur Fan as Head of Asia Pacific (APAC), effective from 10 January 2022.
In a press release shared with Finance Magnates, Arthur Fan, an executive with more than twenty years of experience from the Financial industry, has been selected by Marex, one of the largest privately-owned commodities brokers, as its new Head of Asia Pacific.
In the new role, Fan will report to Ian Lowitt, the CEO of Marex. He will be in charge of developing Asia Pacific as part of Marex’s growth strategy. Additionally, he will be responsible for the management and growth strategy in the region, with a particular focus on China and Australia.
An Overview of Fan’s Vocation
Prior to the announcement, Fan spent more than fifteen years at BOC International. Initially, he began as an Executive Director in November 2006. After five years in Strategic Planning, he progressed to the Global Commodities Division. Then in Autumn 2013, he received a promotion to Acting Global Head of commodities. After another seventeen months he attained the position of Global Head of Commodities.
Before that, he became the CEO of BOCI Global Commodities (UK) Limited. Over four and a half years, he successfullt fulfilled the requirements of the role.
Also, Sumitomo Corporation Equity Asia Limited utilised his skills as an Investment Manager in 2006.
As well as that, Bearing Point took him on as a Manager for two and a half years.
His earliest known position was Manager at Arthur Andersen Business Consulting back in 2000.
Regulatory Approval from ASIC
In other related news, Marex announced recently that it had received regulatory approval from the Australian Securities and Investment Commission (ASIC) to open and operate an office in Sydney, Australia.
The essential global tech-enabled liquidity hub stated that the Asia Pacific is one of the ‘key’ markets for its global expansion. Out of its 1,100 employees around the globe, only 70 are based in the Asia Pacific region out of Hong Kong and Singapore. Marex intends to increase these numbers in the near future.
