Posted inPeople Moves

FSA people moves (28 April – 4 May 2021)

Schroders makes two senior promotions; J. Safra Sarasin and BMO; Manulife’s Greater China push; Blackstone expands ESG team; and more.
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Schroders appoints new Singapore CEO and head of Apac distribution

Lily Choh has been promoted to the position of CEO, Schroders Singapore, to manage the firm’s growth in Singapore, Malaysia and Thailand. She was appointed deputy CEO, Schroders Singapore and director on the board of Schroders Singapore (SIMSL) a year ago, in addition to her role as head of institutional, Apac, a job she will relinquish by the end of 2021.

Choh succeeds Susan Soh, who was the boss during the past 14 years. Soh will now focus exclusively on her role as Co-CEO of Asia Pacific alongside Chris Durack, and will remain a director of SIMSL.

Schroders appointed Amy Cho to a newly created role of head of distribution, Apac. She will lead distribution across both intermediary and institutional channels, and will assume this new position in addition to her current responsibilities as the CEO of Schroders Hong Kong.

The UK-based firm is responsible for $785.1bn of client assets, managed locally by 42 investment teams worldwide, according to the statement announcing to appointments.

J. Safra Sarasin hires Asia vice chair

The Swiss-based private bank has chosen Monique Chan as its vice chair of Asia and Hong Kong branch manager. Chan comes from BMO Private Bank, where she was Asia chief executive since 2015, and has 20-years experience in the business. She had earlier senior roles at Edmond de Rothschild Group and HSBC Private Bank.

Other recent hires include Mignonne Cheng, who joined from BNP Paribas Wealth Management last week as J. Safra Sarasin’s Asia chairman.

Manulife poaches new Greater China institutional managing director

Manulife Investment Management said last week that Bing Liu will be joining the firm as managing director for institutional business, Greater China. She is based in Hong Kong and reports to Peter Kim, head of institutional business, Asia Pacific (ex-Japan).

Liu has two decades of experience dealing with institutional investors in the region, and was most recently head of Greater China at Macquarie Asset Management overseeing the distribution and client serving activities.  Before that, she worked at Lombard Odier, Societe Generale, and Carlyon Corporate & Investment Bank. 

Blackstone boosts ESG team

Among several appointments to its ESG team, Nina James has been made head of real estate ESG (Asia) and will partner with the global head of real estate ESG, Eric Duchon, to build out the firm’s Asia-based capabilities in its asset management team.

James was previously the general manager of responsible investment and corporate sustainability for InvestaProperty Group. She sits on the Australian UNPRI Advisory Committee, the International WELL Building Institute WELL Portfolio Advisory Group, the ULI Australia Executive Counsel, and the Oceania GRESB Advisory Committee.

Previously reported people moves:

HSBC AM appoints new Asia credit research chief

Part of the Mark Allen Group.