Francis Rozario

Francis Rozario General Information

Biography

Mr. Francis Rozario is the Founder & serves as Chief Executive Officer & Chairman at Asia Capital & Advisors. He served as a Board Member at CCRManager. He serves as an Advisor at StashAway. Previously, he served as a Board Member at the company. He has been the Chairman and CEO of Asia Capital and Advisors (ACA) since its formation in 2012. From 2003 to 2011, he was the CEO of Fullerton Financial Holdings (FFH), the financial services subsidiary of Temasek Holdings. Before FFH, he spent 28 years at Citibank, where he ran businesses around the world, and in 1996, led the development of the "Commercial Bank" across Emerging Markets globally. he is an accomplished banker with a specialized and diverse forty-year career in Banking and Finance across the world. He is the Founding Chairman and CEO of Asia Capital and Advisors Pte Ltd. Throughout a 28-year career at Citibank, he ran businesses in the Middle East, Africa, Latin America, USA, Europe, and Asia. At the early age of 28, he was appointed CEO of Citibank Liberia. Two years later, he was asked to launch a de-novo Joint Venture Commercial Bank in Nigeria, which gained a reputation as the best bank in Nigeria by 1988. He was next appointed as CEO for Citibank Colombia and Ecuador, followed by the Division Head for the Global Relationship Bank for Latin America. He next moved to Taiwan as the CEO of the Corporate and Investment Bank, where he transformed the business for rapid growth and profitability. In his last assignment with Citibank, he was asked to develop a new model for SME/Commercial Banking across Emerging Markets and to obtain Credit Policy approval for a new Risk model. After obtaining internal approvals, he successfully rolled out the new model across 15 countries from Latin America to Asia in 3 years and in year 5, delivered a 20% return on equity. He was a Senior Credit Officer and a Member of the Citigroup International Planning Group. In 2003, he was appointed by Temasek Holdings, the Singapore government's sovereign wealth fund, to head its newly formed financial services subsidiary, Fullerton Financial Holdings (FFH). In addition to very profitable minority investments in China Construction Bank, Bank of China, and ICICI, he acquired major stakes in Bank Danamon (Indonesia), Alliance Bank (Malaysia), Mekong Development Bank (Vietnam), and NIB Bank(Pakistan), where he held an active role in management oversight. Moreover, he introduced de-novo fully owned NBFC subsidiaries in India, UAE, and China. His proprietary SME and Self-employed business models led to leadership positions in Indonesia, India, China, and UAE. As President Director (CEO) of Bank Danamon Indonesia from 2003-2005, he transformed the bank into an SME and Mass Market leader, creating substantial shareholder value. Due to FFH's superior Mass Market models, the Bank of China chose to partner with Fullerton to roll out Community Banks in Rural and Semi-Urban locations in China. This JV, known as BOC Fullerton Community Bank, is expanding rapidly across China. During his 8 years with FFH, he created superior returns for shareholders and value to local communities. In all of Fullerton's business ventures, he incorporated an active Corporate Social Responsibility framework that was embedded in the business and which had a meaningful impact on the communities in which they operated. These initiatives won recognition for leadership and service to the community from local Governments and the Public at large. He founded Asia Capital and Advisors in 2011, to provide Financial Institutions with People, Knowledge, and Capital; and to serve Customer segments with creative and sustainable business models to achieve unique value for all stakeholders: Customers, Employees, Shareholders, and local Communities.