Private equity firm CVC Capital Partners has appointed Ignatius Chan Tze Ching as a senior adviser to strengthen its financial institutions practice.
Chan has joined CVC’s global financial institutions advisory board to support CVC’s activities in the financial services sector in Asia. Chan is currently a senior adviser to the Bank of East Asia, the third largest bank in Hong Kong and a non-executive director on the board of the Hong Kong Exchanges and Clearing. He also currently chairs the Hong Kong Advisory Committee on human resources development in the financial services sector and is a member of the Hong Kong Advisory Committee on bond market development.
He was previously head of corporate and investment banking and senior country corporate officer for Greater China at Citi, and has also done a stint as deputy chief executive officer at Bank of China (Hong Kong).
Chan brings more than three decades of experience in the banking industry in Asia, across Hong Kong, Taiwan, and Japan, to his new role.
"[Chan] is a great complement to our global platform and we look forward to working with him to further expand our financial institutions group activities in Asia,” said Jonathan Feuer, a managing partner and head of the global financial institutions team at CVC.
CVC has 20 offices throughout Europe, Asia, and the United States. To date, CVC has raised over $44 billion from a diverse investor base and completed over 280 investments in a wide range of industries and countries.