Corporate Press Release
Credit Suisse Announces Head of Syndicate for Southeast Asia in its Asia Pacific Financing Group
An important addition to Credit Suisse's leading AFG franchise, Mr. Tan will be responsible for the syndication and distribution of financing transactions across the entire AFG product spectrum for the bank's entrepreneur, corporate, institutional and sovereign clients in Southeast Asia as well as in Frontier Markets. The syndication and distribution of financing transactions is a core element of AFG's strategy, with over USD 43 billion in syndication volume achieved since its inception in 2016, by leveraging the team's broadened distribution capabilities and deep syndication expertise.
Based in Singapore, he will report to Sergio Morita, Credit Suisse's Head of AFG Syndication & Distribution.
Commenting on Mr. Tan's appointment, Sergio Morita, Head of AFG Syndication & Distribution, said "Our broad distribution capability and deep syndication expertise have been key to the strong momentum achieved by our Asia Pacific Financing Group. With his deep client relationships and market expertise, Andy is well positioned to further our strategic focus of leveraging the unique advantage of our integrated financing platform to deliver sophisticated, bespoke financing products and solutions across the entire capital structure to our clients in Southeast Asia and Frontier Markets including Vietnam."
Mr. Tan brings strong experience in underwriting and syndicating loan transactions, as well as an extensive network of relationships across the syndications and loan markets in Singapore, Indonesia, Malaysia, the Philippines and Myanmar.
He joins Credit Suisse after eleven years with United Overseas Bank Limited (UOB), where he most recently led Loan Syndication for Southeast Asia, successfully raising USD 20 billion in financing for issuers such as PT Tower Bersama, San Miguel, Marina Bay Sands, Transgrid and Indonesia Eximbank. He has deep sector expertise across a number of industries including real estate, financial institutions, telecommunications, technology and energy.
Mr. Tan holds a Bachelor of Arts in Economics from The University of Chicago and a Master of Science in Management from the Stanford Graduate School of Business, where he was a Sloan Fellow and a Robert L. Joss Scholar.
The bank's leading market position in providing innovative, complex and bespoke financing solutions to clients in the region earned it two prestigious industry awards last year: Best Bank for Financing from Euromoney and Loan House of the Year from International Financing Review. Credit Suisse was also named Asia's Best Investment Bank in 2018 by Euromoney.
Credit Suisse has advised on a number of transformative financing transactions for issuers in Southeast Asia and the Frontier Markets, including a USD 660 million acquisition financing for Star Energy in Indonesia, a USD 650 million syndicated term loan for Pakistan's Ministry of Finance, a USD 150 million term loan for Vietnam's FE Credit and a USD 125 million term loan for Sri Lankan Airlines.