Senior infrastructure banker Mr Geoffrey Seeto has joined KPMG's Asia Pacific Infrastructure Markets team, bringing to KPMG his extensive experience in infrastructure investments within the ASEAN region.
Mr Seeto will also strengthen KPMG's regional infrastructure offerings with his deep knowledge in public private partnerships and private finance initiative transactions.
Mr Satya R, KPMG's Head of Government & Infrastructure in the Asia Pacific, stated:
Opportunities abound in the Asia Pacific as countries in various stages of development strive to meet their current and future infrastructure requirements. This is particularly so for areas such as energy, telecommunications, transport, water and sanitation.
We have an extensive infrastructure advisory business in the region and Geoffrey's appointment adds even more firepower to our team as we continue to pursue growth. His knowledge of the global infrastructure sector and extensive experience in Asia will be invaluable to us.
The Asian Development Bank estimates that Asia needs to invest a total of around US$8 trillion in overall national infrastructure between 2010 and 2020.
Mr Seeto has relocated from Hong Kong to Singapore and started work on 19 May 2014. He will work closely with the experienced infrastructure professionals in the team to boost KPMG's presence regionally and provide a range of services to clients.
Mr Seeto, stated:
The Asia Pacific region will see exciting times ahead and I hope to contribute to KPMG's ability to serve infrastructure clients in the region.
Mr Seeto has over 20 years of experience in infrastructure and financial services. Most recently, he was Managing Director, Head of Investments, at the China Investment Cooperation Fund, where he was responsible for much of the fund's investment activities in the ASEAN region focusing on infrastructure, natural resources and energy.