Investor services group IQ-EQ has appointed Sukanya Lal as a Business Director in its Singapore team, with a primary focus on developing the group’s network and business opportunities in India.With almost 19 years’ experience in the finance industry, Lal has developed a successful career in business development and sales spanning multiple financial service sectors, including fund services, custody services, asset management and insurance.
Before joining IQ-EQ in Singapore, Lal had held a series of senior business development roles spanning Mumbai and Delhi. Most recently, she was Associate Director of Business Development, Marketing and Sales for a leading global provider of cloud-based fund services, technology and mobility-enabled infrastructure for fund managers. In this role, she set up an India service desk and led business development for India-focused private equity, hedge funds and family offices.
Sukanya holds a Bachelor of Commerce degree from the University of Delhi as well as a Postgraduate Diploma (MBA equivalent) in Finance and IT Business Management from the New Delhi Institute of Management.
Commenting on her appointment, Lal says: “IQ-EQ is one of the top global administrators and I am excited to be joining this fast-growing business as it strengthens its focus on India. The role gives me the opportunity to offer a particularly broad range of services and to work with Indian managers considering offshore jurisdictions – a growth area that is both challenging while at the same time very exciting. I’m also thrilled to be making this next step in Singapore, a leading international financial centre. I am keen to hit the ground running and look forward to working collaboratively with my new colleagues to make IQ-EQ the go-to provider of investor services for Indian clients.”
IQ-EQ’s Managing Director of Funds in Asia, Jimmy Leong, adds: “On behalf of IQ-EQ Singapore I am delighted to welcome Sukanya to our team, with her excellent business development experience and strong track record of winning sizeable fund mandates within the Indian market. Sukanya will be working closely with myself and with our international India-focused sales team, which includes senior representatives from the Netherlands and Mauritius as well as Singapore, to grow our client and partner network in India while identifying and realising new business opportunities for IQ-EQ in the region.”