OurCrowd, a leading global equity crowdfunding platform, has announced the appointment of Roland Wee as Managing Director of the company’s Asia operations. OurCrowd said that Wee will serve as a “key addition” to its management team to spearhead its continued growth and success in the Asian region. OurCrowd is currently participating in the annual Singapore Fintech Festival which is taking place this week.
Wee previously served as Managing Director at HSBC and CEO of HSBC Securities Singapore. Wee brings 20 years of experience in financial markets. In his most recent position, Wee directed a team of sales people, traders, and dealers, while working closely with a research team based in Singapore. This group put forward investment ideas for institutional fund managers, executed the trades in the global equity markets and also arranged large IPOs and equity placements.
Denes Ban, Managing Partner of OurCrowd Asia, said that Wee brings a unique combination of insight and energy to the OurCrowd team.
“While we are extremely proud of the rapid rate of growth we have achieved this past year in Singapore, ASEAN, and throughout the region, we also recognize the tremendous untapped opportunity across Asia and around the world for our unique model, synthesizing the best of venture capital with a broad-based platform for all accredited investors,” said Ban. “I am confident that Roland is the ideal leader to help us realize this enormous potential in 2018 and beyond.”
Wee commented on his new appointment;
“Financial innovation is taking place at a breathtaking pace. I firmly believe that the platform Jon Medved and team have built at OurCrowd will have a huge impact by broadening investor access to the exciting private market for innovative companies. I am honored that they have allowed me to be part of the team to continue turning this dream into a reality for all of us.”
OurCrowd has raised over US$500 million for over 130 startups and 14 funds from thousands of active investors on its global platform since platform launch in 2013. The OurCrowd community consists of almost 20,000 accredited investors from over 112 countries.
The Israel-based firm has formally launched strategic partnerships in the past 18 months with multiple financial institutions including United Overseas Bank in Singapore, Shanghai Commercial Savings Bank in Taiwan, Citic Pacific in Hong Kong, Reliance Private Client in India, and National Australia Bank.
Jon Medved, OurCrowd CEO and founder, said that 2017 results have taken the industry by surprise and exceeded expectations.
“Our proven ability to scale and our future outlook has never been stronger, and attracting top tier talent such as Roland sets us up for even greater outcomes in the coming stage of our evolution. We are thrilled to welcome Roland to our strong senior management group and look forward to forging a powerful future for OurCrowd in Asia.”
Wee will be speaking on Tuesday, November 14th at 4pm on The ICO Boom: Venture Capital Disruptor or Scam? / Location: The Cloud, Exhibition Hall, Hall 1, Singapore Expo
Ban will deliver a presentation on Thursday, November 16th at 3:10pm on Capital Markets / Location: The Deloitte Stage, Singapore Expo Convention Centre, Halls 1-3.