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People Moves – August 2026

Here is a digest of significant wealth and asset management appointments, promotions and departures during the previous month.

Raffles Family Office names Ken Peng as chief investment officer

The former head of Asia Pacific investment strategy at Citi Private Bank will lead the firm’s investment function.

Bank of Singapore strengthens Greater China team with J. Safra Sarasin hire

Bank of Singapore has hired former Bank J. Safra Sarasin team head Kelly Yang.

HSBC Private Bank bolsters Singapore and India leadership teams

The private banking arm of HSBC has made four new appointments to its Singapore and India desks.

Eastspring hires head of insurance solutions from Fidelity International

Ghislain Périssé has been hired from Fidelity International to head Eastspring Investment’s insurance solutions business.

Bank of Singapore hires Global South Asia team head

Ankit Swaika joins Bank of Singapore from Julius Baer.

UOB names Tan Choon Hin as head of ASEAN and Greater China

United Overseas Bank (UOB) said the newly created role will see Tan Choon Hin lead growth across the region.

Alquity Group expands distribution team with Baillie Gifford hire

The multi-boutique investment services firm has hired a global product specialist and an Asia sales director.

DBS announces changes to leadership roles

Sebastian Paredes, head of North Asia and CEO of DBS Bank (Hong Kong), will be retiring from executive duties.

Bank of Singapore hires Penny Low from Deutsche Bank WM

Penny Low is part of Bank of Singapore’s Greater China and North Asia team.

M&G appoints Ross Sterling to flagship Japanese equities strategy

Sterling contributes to stock selection, portfolio construction and research into Japanese companies of all sizes.

JBNWM hires veteran sales leader for Japan wealth push

Most recently Junichiro Ozawa was head of the retail sales division at Pictet Japan.

Eastspring names head of ETF markets

Former JPMAM Asia ETFs head Sean Cunningham is hired for a newly created role at Eastpring Investments.

RBC names Kamran Azim as head of Asia wealth management

The appointment follows the retirement of Rod Ireland.

Franklin Templeton appoints Rene Buehlmann as head of Apac

Buehlmann was previously global CEO of Aberdeen Investments.

Federated Hermes bolsters Asia distribution with senior appointment 

Edward Lo joins Federated Hermes from Baillie Gifford, where he led financial intermediary distribution in the region.

Nomura Islamic AM appoints new CEO

Mohammad Hasif bin Ahmad Murad is based in Malaysia.

JPMAM names head of Hong Kong institutional business

Philip Tso joins J.P. Morgan Asset Management from Allianz Global Investors.

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