MAS names sustainability head; Malaysia’s EPF appoints COO and CFO; GIC PE head for SEA leaves; State Super hires new exec; Hesta appoints chief growth officer, chief Debby Blakey appointed to corporate governance board; ex-BlackRock exec joins IQ-EQ in Singapore; HSBC AM builds direct real estate team; ex-Vanguard head of distribution joins LGIM; Sanne names Singapore head; and more
Brett Himbury assumes control of the Australian investment house which manages A$9.2 billion ($7.2 billion) of funds for institutional, superannuation and private clients. Himbury makes the move internally within the Promina Group where he was previously chief operating officer of the financial planning division, Asteron.
Sheehan replaced long-serving Tyndall managing director Michael Good in March, but stepped aside in October after suffering health-related complications from an injury he received in the gym which restricted his mobility.
ôAs a result of the injury I have undergone surgery twice this year and I am receiving ongoing treatment,ö Sheehan said back in October, announcing that he would move into an executive directorÆs role. ôThe solution of creating a new role for myself at Tyndall helps me to manage my personal situation and allows me to continue my commitment to the changes needed to create a dynamic future for Tyndall.ö
Sheehan had been writing a new business plan and strategies for Tyndall.
For Himbury, the appointment is a change for the good, putting him on the right side of a restructuring. He has lost two jobs in the past due to corporate reorganisations. He joined Asteron in June 2005 because his old role as head of the Commonwealth BankÆs financial planning division was transferred into the new Colonial First State business. Prior to that, he worked for Westpac running its internal dealer group but this job also evaporated when the operations were rearranged following the BT takeover.
Tyndall specialises in investments in Australian shares, Australian fixed interest and international fixed interest.
Kwap property arm appoints CEO; VFMC names new CEO as Lisa Gray retires; MSIG Singapore promotes Mack Eng as CEO; Monroe Capital opens first Asia office in Seoul, hires head from Aberdeen; Vanguard Australia appoints new MD to relocate from US; HSBC AM expands EM debt team; Vantage FX hires from CGS-CIMB in Singapore; and more.
Financials and healthcare have been spotted as promising sectors, while several tech IPOs are on the way, including a $2.2 billion fintech firm and a GIC-backed e-commerce startup.
A strong recovery in the Asia Pacific private capital markets in 2021 sets up favourable hiring and compensation trends.
The $95 billion Korean savings will set up a separately managed account for real estate debt investment early next year in order to shorten decision-making and help it win deals in a crowded market.