Invesco announced yesterday that Andrew Lo, senior managing director and head of Asia Pacific, will retire on 31 March, after 32 years with the firm. Marty Franc will succeed Lo as senior managing director and head of Asia Pacific and will transition into the role during the first quarter of 2027.

Following his retirement, Lo will serve as chairman emeritus, Asia Pacific, where he will continue to represent Invesco on the boards of Invesco’s China and India joint ventures.

During more than three decades, Lo has played a pivotal role in building Invesco’s Asia Pacific business, shaping many of the partnerships and capabilities, including joint ventures in China and India, according to a statement by the Atlanta-based asset manager.

“Andrew’s legacy is measured not only by the business he helped build, but by the people he developed, the relationships he nurtured, and the trust he earned throughout the region and across our firm,” said Andrew Schlossberg, president and chief executive officer of Invesco.

Franc, who will succeed Lo and continue to be based in Hong Kong, is an industry veteran leader with more than 30 years of asset management experience, including 13 years with Invesco.

Franc has overseen several key businesses in Asia for Invesco, including responsibility for Australia, Greater China, Southeast Asian markets, and our Institutional client strategy. Prior to Invesco, he held a range of leadership roles in the asset management industry.