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.
Field takes on the combined role of executive director of origination and portfolio management with the task of improving client service. ôWe are on track for significant volume growth this year and we took this opportunity to combine the origination and portfolio management teams of EFIC to improve EFICÆs client service and risk management,ö says the agencyÆs managing director, Angus Armour.
Field was previously head of global banking at Deutsche Bank in Sydney and has also held a number of roles with Westpac and Lloyds Bank in Sydney, London and Hong Kong.
Meanwhile, Stuart Neilson fills the role of chief financial officer at EFIC having also come from an investment banking background. He was once regional executive in global financial operations and COO at JPMorgan in Australia and chief financial officer for Lloyds Bank NZA.
Commenting on NeilsonÆs appointment, Armour says: ôEFICÆs mandate creates a complex operating environment with diverse and significant exposures in many parts of the world. StuartÆs experience in this area will be a valuable addition to the executive.ö
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.
The Federal Reserve is now expected to hike interest rates as early as March and fed funds markets are pricing in up to four hikes in 2022.
The stock’s promising performance stands in sharp contrast to the less fortunate fates of other Chinese companies that have been affected by government clampdowns.