Aberdeen Investments today announced the appointment of Pruksa Iamthongthong as head of equities, Asia Pacific. She will succeed Flavia Cheong, who will retire in December 2025 after a 30-year career with the firm.
This leadership transition marks both a moment of change and continuity for Aberdeen’s Asia Pacific Equities franchise, according to the UK-based asset manager.
Cheong joined the company in 1997 as one of the first members of the Singapore office, when assets under management stood at just £250m ($337m) Over the next three decades, she played a pivotal role in building the team which now manage £16.9bn.
Pruksa Iamthongthong (pictured), currently deputy head of Asia PacificeEquities, brings nearly 20 years of experience with Aberdeen. She has been instrumental in leading flagship strategies and driving research innovation and will continue to lead the Asia Pacific equities team.
Devan Kaloo, global head of equities, Aberdeen Investments, said: “Flavia helped put Aberdeen on the map in Asia. Her leadership, investment acumen, and commitment to nurturing talent have left an enduring legacy. We thank her for her extraordinary contribution.
“Pruksa is the natural successor. She combines a strong performance track record with deep client engagement and a passion for continuous improvement. She has long been a key face of the franchise and is well-positioned to lead the team into its next chapter.”
Ian Macdonald, CEO Asia Pacific, added: “Asia’s growth story continues to unfold, and we remain as excited about the opportunities ahead as we were when we opened our Singapore office over 30 years ago. With strong leadership and fresh talent, we are well-positioned to capture the next wave of growth.”
The changes come as Aberdeen continues to invest in both internal and external talent.
Two external additions to the team start in June: Isaac Thong, a highly rated portfolio constructor is set to join from JP Morgan, and emerging markets financials analyst Anthony Yang joins from Goldman Sachs.
