PanEuro Group has appointed Ces Iewago as Executive Vice Chairman and Head of Global Origination & Strategic Partnerships, signaling a major expansion of its Asia-Pacific investment strategy focused on Australia and regional markets.
Iewago will oversee large-scale project and asset funding across Australia and the broader Asia-Pacific region for Deep Green Capital, working alongside Simon Birch, Managing Director. Together, they will deploy transformational capital using Deep Green’s distinctive zero-debt, 100% equity funding model through syndicates of global pension funds—providing patient, longterm capital unconstrained by traditional debt structures. The PanEuro Group cornerstones each syndicate investment (minimum AUD$150m.) that 100% funds either a government or corporation based on strict investment criteria. The investments are long-term and range from 10 years to up to 40 years. For governments, ownership in the financed assets accrues over the term of the funding with a pre-defined path to 100% ownership.
The appointment positions PanEuro Group to capitalize on surging demand for large-scale infrastructure and project funding across the Asia-Pacific region, where major economies are projected to lead global growth through 2027. Australia’s infrastructure investment pipeline alone exceeds AUD$200 billion, while regional markets including Papua New Guinea face critical financing gaps as major mining, LNG, and infrastructure projects
Bridging Global Capital with Regional Expertise
Iewago brings over 30 years of experience across banking, securities, superannuation, and the mineral and energy sectors throughout Australia, Canada, and Papua New Guinea. His appointment combines deep operational expertise in Asia-Pacific markets with the international credibility to bridge Western pension fund capital with regional opportunities.
“The Asia-Pacific region represents one of the world’s most dynamic growth opportunities for infrastructure and major project investments, and our structure requires nil debt providing a completely innovative and much lower risk way of funding major assets for governments and corporations” said Paul Brook, CEO and Group Chairman of PanEuro Group.
“Ces brings an unparalleled combination of regional expertise and international credibility that will be instrumental in deploying pension fund capital into the region’s most significant projects.
“Working with Simon Birch, who jointly leads our Australia operations, we now have a strong and growing team positioned to fund transformational assets across the region using our distinctive zero-debt, 100% equity model.” said Paul Brook, CEO and Group Chairman of PanEuro Group.
Deep Green Capital’s innovative funding approach addresses a critical gap in the market: the need for patient, transformational capital that can fund entire projects without traditional debt constraints. By syndicating 100% equity funding from global pension funds, the firm provides long-term, low-cost capital ideally suited for Australia’s major infrastructure, energy and technology assets across the broader Asia-Pacific region.
Regional Growth and Investment Opportunity
The Asia-Pacific region is experiencing unprecedented infrastructure development, with Australia leading in both scale and sophistication. The region’s combined infrastructure investment needs exceed USD $1 trillion through 2030, spanning renewable energy transition, mining and resources, transport networks, and digital infrastructure.
Australia’s pipeline includes major renewable energy projects, critical minerals development,
transport infrastructure, and data center expansion—all requiring the kind of patient, long-term capital that pension funds can provide.
Regional markets including Papua New Guinea add further depth, with PNG projected to
achieve 4.7% GDP growth in 2025 driven by mining expansions and multi-billion-dollar LNG
projects.
“Australia and the Asia-Pacific region represent markets where transformational infrastructure and re- source projects must be balanced with sustainable governance and long-term value
creation,” said Iewago. “Deep Green Capital’s 100% equity funding model through global
pension fund syndicates provides exactly the kind of patient capital these markets need—capital that isn’t constrained by traditional debt structures and can support projects through their full development and life cycle. This approach is particularly powerful in Australia, where we’re seeing increasing demand for innovative funding solutions for large-scale
Distinguished Career Across Australia and Asia-Pacific
Iewago’s 30-year career spans executive and board roles across multiple jurisdictions, with
deep expertise in financial services, capital markets, and the extractive industries. His experience includes:
• Capital Markets Development: Co-founded the Port Moresby Stock Exchange (PNGX), establishing institutional frameworks for equity capital formation
• Banking Sector Leadership: Led major privatization initiatives, transforming state-owned entities into regional financial institutions
• Sovereign Credit Expertise: Instrumental in securing sovereign credit ratings and opening international capital markets
• Regulatory Innovation: Founding Director of regulatory bodies, establishing governance standards in emerging sectors
• Superannuation Reform: Drove liberalization of pension sectors, unlocking institutional capital for economic development
• Cross-Border Transactions: Extensive experience in IPOs, M&A, risk management, and IFRS implementation across jurisdictions
His tenure as Managing Partner of KPMG Papua New Guinea through July 2025 provided contemporary insights into navigating complex regulatory environments while maintaining international governance standards, experience directly applicable to Australia’s evolving infrastructure and resource sectors“.
ESG Leadership and Sustainable Development
A Fellow of the Australian Institute of Company Directors (FAICD) and former AmCham Coral Sea Board Member, Iewago is recognized as a champion of environmental, social, and
governance principles across the Asia-Pacific region. His appointment reflects PanEuro Group’s commitment to responsible investment practices as ESG frameworks increasingly become central to infrastructure and resource project financing and core to pension fund investment criteria. .
The Asia-Pacific region is prioritizing ESG considerations in major project development, with Australia leading the way in establishing governance standards for sustainable infrastructure.
Strategic partnerships that combine deep regional expertise with international capital are essential to delivering projects that meet both financial and sustainability objectives.
Iewago has consistently advocated for economic development that delivers long-term,
sustainable value, a philosophy that aligns perfectly with pension fund investment mandates and PanEuro Group’s focus on transformational investments in quality assets.
About Ces Iewago
Ces Iewago is a recognized authority in financial, regulatory, and corporate affairs across the Asia-Pacific region. His executive and board experience spans listed and unlisted entities across multiple juris-dictions, with particular expertise in IPOs, cross-border M&A, risk management, forensic investigations, and technical accounting standards including IFRS Implementation.
He holds a Bachelor of Arts in Commerce from the University of Papua New Guinea and is a Fellow of the Australian Institute of Company Directors (FAICD). He is a former AmCham
Coral Sea, Board Member and has held senior leadership roles including President of the Port Moresby Chamber of Commerce & Industry.
About PanEuro Group
PanEuro Group is a principal investor and international investment banking advisory group working with regulated counterparties and partners to facilitate funding for major projects and special opportunities. Through PanEuro and Deep Green Capital, the Group specializes in 100% large asset equity funding, capital raising, and strategic advisory services across Asia-Pacific, Europe, and global markets.
Deep Green Capital’s distinctive approach provides zero-debt, 100% equity capital funding for large- scale assets and projects through syndicates of global pension funds. This patient capital model is particularly well-suited to major infrastructure, resource, and energy transition projects requiring long- term investment horizons without traditional debt constraints.
In Australia, Deep Green Capital is led by Simon Birch, Managing Director and Head of Australia, who brings extensive experience in capital structuring and funding for large-scale projects. Together with Ces Iewago’s regional oversight, the team is positioned to deploy transformational capital across Australia and the broader Asia-Pacific region.