International funder celebrates 10 years in Singapore with new appointment
Global SME funder, Bibby Financial Services (BFS) has appointed Kenneth Tham as Managing Director for Singapore and South East Asia as it celebrates ten years of supporting Singaporean SMEs.
An accomplished leader, Kenneth joins BFS with more than 20 years’ experience in commercial finance. He has held a variety of senior leadership roles for several international financial institutions, including Standard Chartered and HSBC.
Jonathan Andrew, CEO of Bibby Financial Services, said: “Not only is 2022 the 40th anniversary of the formation of BFS, in October we celebrate our first decade in Singapore, so we’re delighted to welcome a leader of Kenneth’s calibre to BFS at such an exciting time for the business.
“As part of our BFS 4.0 strategy, Singapore and the wider Asian market presents significant growth opportunities for us. Coupled with the expertise and dedication of our team in Singapore, Kenneth’s appointment reaffirms our commitment to supporting SMEs in Asia with flexible, future focussed finance solutions.”
Speaking of his appointment, Kenneth said: “As a family-owned business, BFS is a highly values-driven organisation with a strong heritage of providing flexible solutions that help businesses unlock working capital for growth.
“I am delighted to join BFS in what is our 10th anniversary in Singapore, and I look forward to working with colleagues both in Asia and around the world to achieve our ambitious growth plans together.”
BFS is a leading independent financial services partner to 9,000 businesses worldwide, with operations in nine countries throughout Europe and in Singapore.
Jonathan Andrew added: “In this increasingly challenging global environment, more than ever SMEs need cashflow and liquidity support to help them to overcome challenges and take advantage of growth opportunities.
“Our Singaporean business is well placed to offer this financing support, and undoubtedly Kenneth’s appointment will enable us to boost our help for new and existing clients throughout the region.”