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Ex-Amundi chief joins Fullerton as new CEO

Temasek’s Fullerton Fund Management has named Jenny Sofian as its new CEO. She will assume her role on 1 November, according to a statement from the firm.
Jenny Sofian, Fullerton Fund Management

Sofian is the replacement for Manraj Sekhon, the CEO and chief investment office who left the firm in November.

At the time, Sekhon’s CEO responsibilities were taken over by Fullerton chairman Ho Tian Yee, who assumed the role of interim CEO, while Patrick Yeo, the head of fixed income, was appointed as CIO.

Ho will work closely with Sofian to ensure a seamless transition of responsibilities, according to the statement.

Sofian intends to focus on accelerating the firm’s growth across its key markets, she said. Besides Singapore, Fullerton has offices in Shanghai, London and Tokyo. It is also one of the four firms that have obtained a private fund licence in China.

Before Fullerton, Sofian was Amundi Singapore’s CEO and head of South Asia since 2009, responsible for the firm’s Southeast Asian and Australian operations, according to the statement. She also served as regional director for Southeast Asia at the group level.

Prior to its establishment, Fullerton’s investment team operated as the internal fund management division within Temasek. It was incorporated in 2003 and is a wholly-owned subsidiary of Temasek. As of the end of September, Fullerton managed S$17.3bn ($12.8bn) in assets.

Part of the Mark Allen Group.