Andrew Tjaardstra

The outgoing chairman of HSBC is set to start in October to replace AIA's non-exec chairman Edmund Sze-Wing Tse, who is retiring from his position after 60 years at the life insurer.

McLean, currently head of Citi's global asset managers, Apac financial sponsors business, will relocate from Singapore to Sydney.

The firm, backed by Peter Thiel's Valar Ventures, has over $10bn of assets, is growing fast in Australia, Hong Kong and Singapore. Syfe's CEO told FA that management is open to exploring opportunities in Japan and South Korea in the "longer term".

Naoya Shiota has joined the law firm's global private equity group in Tokyo from White & Case.

The financing will help Manipal Education and Medical Group with its corporate expansion; India is a "priority" market for KKR's credit strategy.

Vo-Dinh will relocate to Hong Kong in July from Sydney, where she was Natixis' head of acquisition and strategic finance, Australia; there are several other regional appointments at the French bank.

The ETF, launched with BOCHK Asset Management, will track the iBoxx Tadawul Government & Agencies Sukuk Index; global sukuk issuance neared $200bn in 2024.

Three judges at the US Court of International Trade have argued the Trump administration has exceeded its authority over tariffs; the judgment, which came after 12 states filed a lawsuit, has been appealed and the decision temporarily paused by another court.

The firm saw net asset values decline across the financial year, however net property income and revenues grew, with high occupancy rates amid challenging conditions.

CICC is looking to strengthen ties between China and the Gulf region; meanwhile, a former MD at Standard Chartered, Kapil Jobanputra, has become managing partner of real asset firm Elaeo Partners.