T Rowe Price has made a number of senior appointments in its Asia Pacific distribution business including Elsie Chan, who has been appointed the new regional head of distribution.
Chan, who will have oversight of the firm’s distribution teams based in Australia, Japan, Hong Kong and Singapore, took up the reins on 1 September and reports to Scott Keller, head of the Americas, Asia Pacific and Europe, the Middle East and Africa.
She is a replacement for Nick Trueman, who has become the new head of Europe, the Middle East and Africa distribution.
Chan joined T Rowe Price in 2015 to build out its financial intermediaries business in Asia and in 2018 expanded her role to become the head of Asia ex-Japan distribution, overseeing the institutional and intermediary businesses in the region.
Prior to joining T Rowe Price, Chan was a managing director at UBS Global Asset Management.
“Elsie has all the appropriate competencies and vision for this role and has the support of a high-quality team behind her. She has been successful in driving the expansion of our business in Asia ex-Japan and is well-positioned to lead the firm’s next phase of growth in Asia Pacific. I am delighted that we are able to draw from our large base of talent to provide both Nick and Elsie the opportunity to develop their careers within the organisation,” said Keller.
Meanwhile, Sae Joon Choi has been appointed head of southeast Asia and Korea institutional distribution, while George Chow has been named head of the Greater China institutional distribution business. Choi and Chow joined T Rowe Price in 2014 and 2015 respectively.
