Tokio Marine appoints new CEO for Asia region; Ben Rudd made CEO of Prudential Wealth Management; HKEX hires from Prudential; Samsung SRA appoints former KIC infra head as CEO; HSBC Asset Management appoints senior vice president; Morningstar names head of manager research for Europe and Asia; PGIM adds ESG lead for Europe and Asia; Apex Group adds Singapore managing director; and more.
Koo makes the move to ABN AMRO from Barclays Capital where he was most recently head of the financial institutions group for the region. At ABN AMRO, he will be charged with capitalising on growing demand for capital management, asset and liability management, and yield enhancement solutions by banks and insurance companies regionally. He will be responsible for developing ABNÆs relationships with banks and insurance clients in the commercial segment in Asia. This coverage will extend to public sector entities.
Koo brings 15 years of experience to his new role. At Barclays Capital he was responsible for bank and insurance capital management, securitisation and balance sheet advisory.
As head of SME banking, Silva will be responsible for rolling out the SME business in China, Hong Kong, Indonesia, Singapore and Pakistan and providing services to small-to-medium enterprises in the region. The position also entails increasing the scale of ABNÆs existing businesses in India and Taiwan. Silva joined ABN in 1996 and has held a variety of roles at the firm since then.
Both appointees will report to Greg Major, the bankÆs Asia head of commercial segment.
Signatories are advocating for a robust policy on plastic pollution amid concerns that states would support a less ambitious mandate.
The Covid-19 variant is unlikely to cause distress for investors banking on global recovery, but quarantine restrictions in Hong Kong are set to put the bite on any comeback.
China Life names Yuan Changqing as acting chairman; Future Super hires operations chief; China Life Franklin Asset Management CIO and deputy CEO leave; Willis Towers Watson has hired Kameswara Natakusumah as head of Indonesia; Prudential hires ex-Apac CEO for Allianz George David Sartorel as a non-executive director; Manulife IM hires into multi-asset solutions team in Asia; PineBridge Investments hires from BNY Mellon IM; and more.
The family office of Alibaba's co-founder likes to do its own hands-on due diligence and favours deals that can make a difference, rather than investments for the sake of ESG.