United States boutique investment bank I-Bankers Securities, a subsidiary of the IBS Group, has appointed Dom Del Borrello as managing director, Asia Pacific.
The appointment coincides with the group’s expansion into Australia, Asia and the Pacific from a head office established in Melbourne, and to be operated under the banner of IBS Securities Limited.
The group already has offices in New York, London, Amsterdam, Milan, Como, Lugano and Santa Monica.
As managing director, Asia Pacific, Dom Del Borrello will be responsible for establishing IBS Securities’ presence in the Australian and Asian market in its core capability of assisting small cap issuers access equity and debt capital, and enabling existing European, US and Asian institutional investors to gain access to choice small cap investments in the region.
He takes up his Melbourne appointment from his recent three year role as the Rome-based chief financial officer for Australian-listed gas producer, Po Valley Energy.
Prior to this he spent three years working with global titanium minerals and zircon producer, Iluka Resources, as group manager, treasury and risk, and has significant corporate finance and capital markets experience with a focus on resource and energy companies. He worked for a number of years in London for the investment bank, Goldman Sachs.
IBS Group chairman and CEO Mike McCrory says, “This expansion increases IBS Group’s global reach and is in response to client interest and demand for broader access to growth market opportunities in the Asia Pacific.
“The new Australasian and Pacific base will allow IBS Group to better serve our existing clients while broadening our global platform.
“In the Australian market particularly, Mr Del Borrello’s experience in corporate finance and capital markets, with a focus on resources and energy industries, will enhance IBS Group’s capital raising, advisory and distribution opportunities at a time China and Asian commodities markets are looking to secure a foothold in Australia resource owners or direct project equity.
“However, although the re-emerging resources sector is the most buoyant of any of the main market groupings, IBS Group is in business to assist all target customers regardless of sector.”
www.ibsgroup.net