The general manager of the Hong Kong chapter of Alternative Investment Management Association (Aima), Jo Orgill, is leaving the trade body to join Samsung Securities. There has been no word as to her successor.
For the last couple of years she has been shepherding Aima members in Hong Kong, keeping them abreast of international developments within the industry. Earlier this year she spoke to AsianInvestor about hedge fund regulation in the EU.
Her move coincides with that of another Aima celebrity, Hong Kong chairman Christophe Lee, who shifted from SHK to hedge fund FrontPoint earlier this month, while retaining his Aima mantle.
Orgill has been hired by Samsung as a managing director to head client relationship management and to help with the build-out of the distribution platform. Samsung Securities is expanding its Asian equities operations.
She will work in its Hong Kong headquarters. Samsung Securities also has offices in Shanghai, Tokyo, London and New York, as well as Seoul, where it has the number one Korean equities franchise.
The next office that will be added is Singapore, followed by Taiwan in the first half of 2011 and India, planned for 2012 at the latest.
Orgill will report to SJ Hwang, Samsung Securities' CEO for Hong Kong and global head of equities. She worked for him at Credit Suisse, where he was head of non-Japan Asian equities and head of Asia-Pacific equities distribution. Once underway at Samsung she plans to start building a team there.