BNY MELLON IM BOLSTERS DISTRIBUTION TEAM
BNY Mellon Investment Management has made two senior appointments in Asia to further strengthen its relationship with clients in the region.
In Hong Kong, Dominic Wong has joined the firm as head of intermediary for Greater China, according to a press statement. In this newly created role, Wong will be responsible for developing and driving the intermediary strategy in Greater China, including leading the efforts with Asia’s private banks and global financial institutions operating in the region.
His role will include deepening client relationships across private banks, family offices and retail banks, and growing assets under management in Hong Kong, mainland China and Taiwan.
Before BNY Mellon IM, Wong was at Fidelity, where he was head of intermediary for North Asia, covering the Hong Kong, mainland and South Korea markets. He has also held the position of head of retail sales for Hong Kong at Blackrock.
Meanwhile, Sabrina Yu joined BNY Mellon IM as a Taipei-based senior associate for business development for Taiwan. She will focus on building the firm’s brand and relationships with Taiwan institutions, working closely with Rebecca Chu, head of Taiwan.
Yu was most recently an associate director for institutional sales at Aberdeen Standard Investments in Taiwan, where she was responsible for building relationships and growing assets amongst Taiwan insurance companies, fund of fund managers and pension funds.
Both Wong and Yu’s appointments took effect on 8 March, the firm said.
T ROWE PRICE HIRES FROM GAM
T Rowe Price has appointed Vanessa Lee as client manager for intermediary for Greater China. Based in Hong Kong, Lee will be responsible for the distribution of T Rowe Price funds to intermediary clients across the region.
She reports to Priscilla Leung, head of intermediary business for Greater China.
Before T Rowe Price, Lee was at Gam Investments, where she was responsible for the distribution of Gam funds to private banks across Hong Kong and Singapore, and partnered with a master agent in Taiwan to drive the fund distribution in the region.
Before that, she worked at Vanguard, covering ETF distribution to intermediary channels, including private banks, retail brokers, fintech platforms and family offices in Hong Kong and Singapore.
MORGAN STANLEY IM NAMES HEAD OF APAC (EX-JAPAN) MARKETING HEAD
Morgan Stanley Investment Management has appointed Sharon Wu as its head of marketing for Asia-Pacific (ex-Japan), according to Wu’s Linkedin profile.
FSA sought more information from Morgan Stanley IM, but it was not able to provide more details in time for publication.
Wu was UBS Asset Management’s head of marketing for Greater China, a role she held for three years. She first joined UBS AM in 2016 as a director, her profile shows. Before that, she spent seven years at Aberdeen Asset Management (now Aberdeen Standard Life).
SINGAPORE’S MAS MAKES SENIOR MANAGEMENT CHANGES
The Monetary Authority of Singapore has announced four new senior management appointments and two changes in its senior management team. The new appointments and changes will take effect on 1 April.
Ho Hern Shin, who is currently assistant managing director for banking and insurance, will be appointed as its new deputy managing director for financial services. She will replace Ong Chong Tee, who is leaving MAS.
Meanwhile, three executive directors have been promoted to take on assistant managing director positions.
Marcus Lim, currently executive director for banking department I, will be appointed as assistant managing director for banking and insurance, taking over from Ho.
Cindy Mok, currently executive director for monetary and domestic markets management and executive director for organization development and communications, will be appointed as assistant managing director for finance, risk and currency, taking over from Bernan Wee.
Wong Zeng Yi, currently executive director for banking department II, will be appointed as assistant managing director for organisation and people development, taking over from Lim Tuang Lee.
Wee and Lee will be re-designated into different roles. Wee will be assistant managing director for markets and investment. He will replace Leong Sing Chiong, deputy managing director for markets and development, who has been covering this role 1 February.
Lee will be assistant managing director for capital markets, replacing Lee Boop Ngiap, who is leaving the MAS.
