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People Digest: Sea's MariBank names Natalia Goh as CEO; Partners Group appoints Michael Marquardt to executive team

July 16, 2024
DealStreetAsia

Singapore-based digital lender MariBank has appointed Natalia Goh as its new CEO. Goh, who previously led Trust Bank, replaces Zheng Yu Dong, who will stay on as an adviser to MariBank and its parent company, Sea Ltd. Goh brings extensive experience from her 14-year tenure at Standard Chartered Bank in Singapore.

MariBank is part of the rapidly growing digital banking sector in Southeast Asia, driven by a large unbanked population and increasing internet penetration. The bank received an additional S$75 million (approximately $56 million) from its parent company in December 2023, bringing SeaMoney’s total investment in MariBank to about $302 million since 2021. Other digital banks in Singapore include GXS Bank, ANEXT Bank, and Green Link Digital Bank.

In another significant appointment, global private markets firm Partners Group has named Michael Marquardt to its executive team. Marquardt, who joined Partners Group in March 2024, previously served as CEO of Asia at IQ-EQ and held senior roles at Zerobridge Partners and BlackRock.

Partners Group also announced it secured $11.1 billion in new commitments in the first half of 2024, raising its total assets under management to $149.2 billion as of June 30, 2024. The firm expects to raise between $20 to $25 billion in total client demand for the full year 2024, despite slow traditional fundraising. Bespoke client solutions are anticipated to drive fundraising efforts throughout the year.

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