Federated Hermes has appointed Jim Roland as head of distribution for Asia Pacific. Roland will report into Paul Uhlman, president of Federated Securities Corp, who oversees global distribution at the firm.
Roland replaces Jake Nilsson who has taken on a new role as head of private market sales for ex-North America, based in London.
Currently based in London where he leads the international client group, Roland will relocate to Federated Hermes’ Singapore regional headquarters. In his new role, he oversees the firm’s sales and distribution efforts across Asia Pacific including Singapore, Hong Kong, South Korea, Australia and Japan.
“Apac is an important, dynamic and growing market for Federated Hermes and we have a fantastic team across the region which is a testament to the work Jake has done. I’m looking forward to building on our momentum,” Roland said.
“We have accomplished a phased growth plan for expansion across Asia Pacific over the last five years, shown by our recent office openings in Australia and Japan and a significant increase in AUM. Looking ahead, Jim and his team will be focusing efforts on aligning our product offerings to the needs of clients across Asia Pacific,” said Uhlman.