Russia’s VTB Capital appoints Indonesia head
VTB Capital, the investment advisory arm of Russian financial services major VTB Group, has appointed Roger Suyama as head of Indonesia operations. This is part of the firm’s wider strategy to strengthen its presence in Asia Pacific and it comes as a broad range of global financial services providers seek increased Indonesia exposure.
Based in Singapore, Suyama will be responsible for corporate and investment coverage, initially focusing on developing M&A and financing dialogue with leading Indonesian companies and high net worth individuals.
He previously worked at Merrill Lynch, where he participated in business development across Southeast Asia, before leading the firm's Indonesia investment banking business. This was followed by a stint at Goldman Sachs as an executive director based in Singapore.
"Indonesia is one of Asia's most populous and fast-growing countries that is amply endowed with natural resources," said Damian Chunilal, Asia CEO at VTB Capital. "I am sure that Roger Suyama's experience, client relationships and knowledge of local markets will promote business for VTB Capital in Indonesia and strengthen the company's position."
One of three strategic business arms of VTB Group, alongside the corporate and retail units, VTB Capital was founded in 2008 and has participated in more than 288 capital markets transactions. It is headquartered in Moscow and has offices in Hong Kong and Singapore, as well as London, Dubai, Sofia, New York, Paris and Vienna.
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