Rowan cites banking market share by region and targets gaining just one percentage point in Asia as success.
“So I've told my partner Matt Mickalini who runs this business your job is to get market share in Asia from 90 to 89.”
Rowan sees enormous opportunity in Asia where banks represent 90% of corporate capital versus 25% in the US.
“The banking system is 25% of all corporate capital. In Europe it's 65%. In Asia I think it's 90%.”