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|Responding to increasing infrastructure advisory demands from countries in the Asia Pacific region, KPMG has appointed senior infrastructure banker Roddy Adams to lead a new regional infrastructure team based in Singapore.
“We have an extensive infrastructure advisory business in the Asia Pacific region, and the team led by
Roddy will add further firepower as we continue to pursue significant growth to our business in this region,” said Mr Julian Vella, KPMG’s Asia Pacific Head of Infrastructure.
Mr Adams has relocated from Australia to Singapore and started work on 18 February 2013. He will build and lead a team of experienced market-facing infrastructure professionals to generate new business opportunities across the Asia Pacific.
Singapore was chosen as the location of the new regional team due to its proximity to many countries in the region. The primary focus in the short to medium term is on emerging and developing markets, primarily in South East Asia.
Mr Adams’ team will work with KPMG’s existing network of global infrastructure professionals to provide a range of services to clients.
A key strength for KPMG is its ability to rapidly deploy key professional resources from relevant country practices to work on engagements across borders. KPMG has a large and integrated global infrastructure business – one of the few such businesses that provide a range of advisory and tax services throughout every stage of the infrastructure lifecycle.
“We welcome Roddy as part of our commitment to attracting high-quality talent to Singapore,” said Mr Tham Sai Choy, Managing Partner, KPMG in Singapore, “His deep knowledge of the global infrastructure sector complementing the other initiatives being undertaken by our Government & Infrastructure Centre of Excellence.”
The Asian Development Bank estimates that between 2010 and 2020, Asia’s greenfield infrastructure investment needs will be at least US$8 trillion, of which electricity and roads account for 51 percent and 29 percent of the total, respectively.
Mr Vella commented, “The size of the opportunity across the region is large as countries in various stages of planning and execution look to meet their current and future infrastructure requirements, especially across energy, telecommunications, transport, water and sanitation.”
About Mr Roddy Adams
Mr Adams has over 20 years’ experience in infrastructure and financial services. Most recently, he was Head of National Australia Bank’s Infrastructure and Energy Finance Group, where he managed a global team of 50 professionals focused on project finance transactions in the sector. He was also a Board member of Infrastructure Partnerships Australia.
Prior to this, Mr Adams was Asia Pacific Head of Infrastructure Equity at the Royal Bank of Scotland (RBS). Other senior roles held at RBS over his 12 years there included Head of Infrastructure & Power, Australia, and Director of the Infrastructure Finance Group in the UK. Mr Adams has also held positions at Scottish Hydro-Electric and the Bank of Scotland.
Notes to editors
About KPMG’s Global Infrastructure Practice
KPMG’s Global Infrastructure practitioners are on site in 146 countries, advising governments, developers and investors across the lifecycle of infrastructure projects – from strategy and financing to delivery to operational effectiveness and performance. By combining valuable global insight with hands-on local experience, KPMG’s Infrastructure professionals work to consistently provide integrated advice and effective results to help clients succeed. For more information, visit the KPMG Infrastructure homepage.