The Asia-Pacific fixed-income head at Barclays Global Investors is taking over the firmÆs top slot in Asia ex-Japan as CEO, replacing Robert Haber.

Both Mark Talbot, CIO for Asia and Japanese fixed income, and Robert Haber, managing director and regional CEO, have been based in San Francisco. The firm decided that the growing business in the region required a CEO on the ground.

The peripatetic Haber has been able to manage BGIÆs regional business while spending a lot of time in the air. For family reasons, however, he wasnÆt prepared to move to Hong Kong. So Talbot is stepping up. But Haber will continue to have a senior role in BGIÆs Asia ex-Japan business in a new title, vice chairman, in which he can help Talbot with senior-level discussions with the regionÆs regulators and exchanges.

Talbot has served as fixed-income CIO for three years in San Francisco and has just relocated to Hong Kong. He says his next move is to draw a business plan and add people to the team. For now, however, he declines to explain what he has in mind.