Rabobank, one of the world’s leading food & agribusiness and commodities banks, today officially opened its new Singapore office premise at South Beach Tower to support its expanding presence in the region.
Relocating to new premises, the office serves as a regional product and service hub for Singapore, Malaysia, Philippines, Thailand and Vietnam. From a small office of just two people 30 years ago, today Rabobank’s team has grown to more than 200 people serving companies active in food & agri and commodities across this region.
Mr Marcel van Doremaele, Chief Executive Officer of Rabobank Singapore & Representative Markets, said “This opening is an important milestone for us as we enter a growth phase on the back of increased investment in food and agriculture in South East Asia, and with commodity trading and logistics activity in Singapore continuing to grow.
“In the past 30 years, we’ve been fortunate to grow with Singapore as it has established its place as an important global commodity trading and logistic hub. From Singapore, we are well placed to serve the trading and food & agri community locally, in the region and globally.
”One of the key distinguishing factors is Rabobank’s food and agri sector knowledge and global network spanning more than 40 countries. With the changing needs of our clients, Rabobank remains in a strong position to finance the whole supply chain, linking origins to destinations across the world,” he said.
Guests of honour at the official opening event included His Excellency Mr. Jacques Werner, The Ambassador of the Netherlands to Singapore, and Mr. Jan van Nieuwenhuizen, Member of the Executive Board of Rabobank Group. The event held at Rabobank’s new office, was attended by 100 clients and partners.
Designed by Foster + Partners and Aedas, South Beach Tower’s distinctive architecture uses a professional and environmentally sustainable design to blend in seamlessly with Singapore’s urban landscape. The development won two Green Mark Platinum awards for its eco features, including its signature microclimatic canopy that harnesses solar energy.
South Beach Tower encompasses more than 500,000 square feet of Grade A office space in the mixed-use South Beach development, housing companies leading a diverse range of industries including Facebook, Bain & Company, Sanofi and Boeing.