Valverde Strengthens Team with Key Addition

SINGAPORE (16 April 2024) - Valverde Investment Partners (Valverde) is excited to announce the latest enhancement of its team with the addition of Hanel Topada, an accomplished Indonesia research analyst.

Hanel Topada joins Valverde as a distinguished Indonesia Research Analyst, bringing over 13 years of experience in financial analysis and market research. Previously serving as the Head of Indonesia Research at Credit Suisse, Hanel was responsible for country strategy and the Banking sector. Prior to that, he held pivotal roles at Ashmore, initially as a senior equity analyst. In this capacity, he conducted thorough fundamental analysis and provided investment recommendations across sectors such as Banking, Automotive, Telecommunications, and Oil and Gas. Progressing within Ashmore, he assumed the role of Fund Manager, where he managed an equity fund catering to both retail and institutional clients, while maintaining coverage on key sectors including Banking, Automotive, and Industrial. Hanel's appointment underscores Valverde's commitment to bolstering its research capabilities, particularly in Indonesian markets.

“We are thrilled to welcome Hanel to our team,” said John Foo, Founder and CIO at Valverde. “His extensive experience and in-depth understanding of the Indonesian market will undoubtedly strengthen our research efforts and reinforce our commitment to delivering superior investment outcomes for our clients.” Hanel holds a degree in Business Management - Finance from Institut Teknologi Bandung and a CFA Charterholder.

This strategic addition to the Valverde team highlight the firm's dedication to providing top-tier investment solutions and client service.

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About Valverde Investment Partners

Valverde is a partner-owned investment management firm specializing in ASEAN equities. Led by a seasoned and dedicated investment team, Valverde is committed to delivering optimal execution outcomes for investors across the 6 ASEAN markets, supported by in-house trading capabilities. As 15 April 2024, our team comprises of 9 members with coverage spanning Singapore, Ho Chi Minh, Kuala Lumpur and Jakarta.

For media inquiries, please contact:

Ruiling Chang | Investor Relations

ir@valverde.com.sg

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