Deutsche Asset Management has hired Clayton Coplestone as head of distribution for Greater China and Hong Kong country head. He will be responsible for expanding the distribution of DeAMÆs global and regional products to both retail and institutional investors, as well as building and managing the Hong Kong operation.

Coplestone quit Credit SuisseÆs asset management unit in Hong Kong to take the role. He had been the main person responsible for Credit SuisseÆs business development in Asia ex-Japan and helped the firm seal joint ventures in Korea and China. He had been with the firm for seven years, originally as head of retail distribution for Australia.

Before joining Credit Suisse, Coplestone held various distribution positions in Australia and his native New Zealand, including stints with Tyndall Investment Management and EquitiLink Asset Management.

He now joins DeAM to run marketing and sales for North Asia. The position is new, designed to ease the burden of Michelle Bang, managing director of sales and marketing for Asia ex-Japan in Singapore, by allowing Coplestone to handle Greater China. Coplestone reports directly to Ed Peter, DeAMÆs Singapore-based head of Asia Pacific and the Middle East.

His hiring completes the building of the North Asia team, which also includes two other recent hires who now report to Coplestone.

Shen Tan recently joined the firm in Hong Kong as head of institutional sales. He previously served in a similar role at Schroder Investment Management in Hong Kong, and he has also worked as an investment consultant at Watson Wyatt in Hong Kong and Australia.

Terence Lee runs the retail side, having recently arrived from First State Investments, where he had focused on retail distribution in Asia. Lee has also worked at Allianz Global Investors and Fidelity Investments in Hong Kong.