Avaloq Names New Regional Directors
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The Swiss-based banking software provider has announced a pair of senior promotions at its Asia-Pacific business.
Avaloq has appointed Gery Dachlan as managing director for South Asia and Australia, and Pascal Wengi as managing director for the North Asia region, according to an announcement on Wednesday.
Based in Singapore, Dachlan joined Avaloq in 2013 and was previously its market head of South Asia and Japan, responsible for driving business development and expanding key relationships in the region.
Wengi, based in Hong Kong, joined Avaloq in 2020 as head of sales for Greater China.
The appointments reflect the region’s growing prominence in its growth strategy, Avaloq said in the announcement.
The moves follow the firm’s acquisition by Japanese tech giant NEC in December 2020. In March 2021, Juerg Hunziker stepped down as CEO, with product chief Martin Greweldinger and technology boss Thomas Beck (below, right) taking over from him as co-CEOs.
Questions & Answers
Q.What is the primary role of the newly appointed managing directors for Avaloq?
What is the primary role of the newly appointed managing directors for Avaloq?
Gery Dachlan will drive business development and expand key relationships in South Asia and Australia. Pascal Wengi will oversee the North Asia region for the company.
Q.Why are these specific regional appointments important to Avaloq's strategy?
Why are these specific regional appointments important to Avaloq's strategy?
Avaloq stated that the appointments reflect the Asia-Pacific region's increasing importance in its overall growth strategy. This highlights a focus on expanding its presence in these markets.
Q.When did Avaloq undergo significant changes in its ownership and leadership?
When did Avaloq undergo significant changes in its ownership and leadership?
Avaloq was acquired by the Japanese tech giant NEC in December 2020. Following this, the firm appointed co-CEOs in March 2021 after the previous CEO stepped down.
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