New M&A man at ING Barings

Taking client focus to the next level, ING Barings has hired a main board director of arguably its best client in Asia.

First Pacific main board director and former head of treasury, David Eastlake will join the Anglo-Dutch investment bank as head of MA.

This may come as no surprise since Barings has dominated First Pacifics recent MA activities. It advised on the recent sale of its stake in property agent Savills and on the FinanceAsia MA deal of the year in 1999 - the  $1.4 billion PLDT Smart NTT merger of their Philippine mobile phone assets. First Pacific was at the core of this transaction as a shareholder in PLDT and Smart.

At Barings, Eastlake will focus on origination and execution and will help to replace the gap...

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