Darren D'Souza

Experience

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  Commonwealth Bank

  Apr 1996 - Dec 1997

  Graduate Trainee
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  Accenture

  Dec 1997 - Jul 1998

  Programmer / Analyst
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  Citi

  Jun 1998 - Aug 2017

  Chief Operating Officer for Citi's Asia (ex Japan) Corporate Bank, covering 2,600 Asia-headquartered clients and 7,500 subsidiaries of multinational corporations across 15 countries, with $7Bn annual revenues and over 600 coverage bankers. Head of Risk Management / CRO for Citi Singapore (SG), Malaysia (MY) and Vietnam (VN) Institutional Banking businesses, with overall responsibility for a US$28Bn aggregate loan, trade and derivatives portfolio. Established the Asia Pacific Analytic Center (APAC) in Manila, a regional research and analysis center covering over 4,000 Asia Pacific Corporates, Financial Institutions and Sovereign clients with over $120BN in exposure. Appointed Head of Institutional Risk Management, Philippines in 2009 with incremental responsibility for managing ICG Philippines’ $5bn credit portfolio. Member of country management team, governance committees and ALCO. Responsible for the Credit Underwriting, Remedial Management and Credit Administration functions of CPB Japan, and management of the USD4.3bn credit portfolio following FSA orders to close Japan’s Private Banking operations. Subsequently oversaw the transfer of USD1bn exposure from CPB and development of credit strategy, processes and USD3bn credit programs for real estate and margin finance. Provided independent second line risk oversight of the portfolio. Responsibilities included credit analysis of a power and utilities portfolio, developing / implementing credit policies and processes to support the US$3.6bn portfolio and implementing an electronic platform for credit approval. Assumed additional responsibility in 2002 for the US$175mm remedial portfolio, leading corporate structuring/restructuring of troubled credits and distressed asset trading. Part of a five-member team responsible for independent assessment of strategy and risk management practices of the Corporate, Investment and Private Banking businesses in 14 countries across Asia, during height of the Asian Crisis. Resident specialist responsible for technology audits and major systems project reviews across Citibank’s businesses in Australia, New Zealand and Indonesia.

  • Chief Operating Officer (COO), Corporate Banking, Asia

    May 2015 - Aug 2017

  • Head of Risk Management, Institutional Clients Group, Singapore, Malaysia & Vietnam

    Sept 2011 - Apr 2015

  • Head of Risk Management, Philippines & Head of Asia Pacific Analytic Center, ICG

    Oct 2006 - Aug 2011

  • Head of Credit, Private Banking / Senior Risk Manager, Global Consumer Group (GCG)

    Dec 2004 - Sept 2006

  • Senior Credit Analyst (AVP) / Head of Remedial Management (VP)

    Aug 2001 - Nov 2004

  • Manager/Credit Analyst, Business Risk Review Asia

    Jun 1999 - Jul 2001

  • Assistant Manager, Corporate Audit, ANZ/Indonesia

    Jun 1998 - Jun 1999
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  Exante Capital Management Limited

  Jan 2018 - now

  Fund Manager | Exante Global Opportunities Fund

  The Exante Global Opportunities Fund aims to preserve capital and maximize long-term capital appreciation through opportunistic investment in publicly traded equity securities across sectors, regions and market capitalizations. The fund employs a multi-strategy approach to outperform across market cycles via: (a) long-term, high-conviction investment in undervalued securities based on fundamental analysis; (b) short-term investment in temporarily mispriced securities as a result of announced corporate actions; and (c) active hedging of investments to protect against significant declines in the general market. Show less