Posted inPeople Moves

Manulife AM continues hiring spree, adding two

Manulife Asset Management has appointed Frederick Reidenbach as CFO for its Asian wealth and asset management arm, and Grace Ho as CMO for the same business unit.

The firm said that these newly-created positions are aimed at growing its wealth and asset management organisation in Asia.

In his role, Reidenbach leads the finance, control and reporting functions in Asia. He also acts as an advisor to the general managers of the combined organisation, where he will provide financial analysis.

Prior to Manulife AM, Reidenbach spent 10 years with Nikko Asset Management in Japan where he held dual roles of CFO and COO. Prior to that, he held several senior roles with Fidelity Worldwide Investments in Japan.

Ho, as chief marketing officer, will be responsible for developing and driving marketing strategy to raise awareness of the company’s brand and investment capabilities across retail and institutional channels in Asia. She will lead the marketing and investment communications teams, oversee the expansion of the company’s digital strategy and support key business development initiatives across Asia.

Ho was previously the head of Schroders Asia-Pacific marketing team.

Reidenbach and Ho joined following the recent appointments of Shirley Lam as head of affiliate wealth and Bruno Lee as Asian head of partnership, product and platform development for wealth management in Asia.

The firm said the appointments are part of a wider strategy to form a “one-stop shop” which aims to meet investor needs for mutual funds, pension management and investment-linked products in Asia.

In a separate note, Manulife AM confirmed that its vice-president, Steve Chiu, has resigned. The fund house told Fund Selector Asia’s sister publication, International Adviser, that Chiu will not be replaced.

Part of the Mark Allen Group.