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.
Hiroshi Toda, presently Nomura's deputy president and chief operating officer (COO), with responsibility for the groupÆs entire global operations, will serve concurrently as the president and chief executive officer (CEO) of Nomura Asia Holdings. According to the Japanese firm, the newly created role will be more hands-on and reflects his greater involvement in its Asia operations. It will take effect from 1 April.
Under the new structure, Toda will also support Noriyasu Yoshizawa, senior managing director, Nomura Securities and a board member of Nomura Asia Holdings, in charge of mainland China, in order to further expand its China business and infrastructure development.
In addition, Yoshinori Go will take on the role of co-president and COO of Nomura Asia Holdings. Also effective 1 April, Go will also continue in his current position of president and CEO of Nomura International (Hong Kong).
Elsewhere in the Nomura universe, the bank has also appointed Thaddeus Beczak as chairman of NAH. The 20-year Asian veteran takes on the role after serving the group as a senior advisor in Hong Kong and sitting on several outside committees such as the advisory committee of the Securities and Futures Commission of Hong Kong. Beczak has also held senior positions including committee member of the Hong Kong Association of Banks and the title of president at JPMorgan Securities Asia.
Finally, Nomura has also announced that Kunio Watanabe will take on the post of co-president of Nomura International (Hong Kong). Currently, he is managing director, financial institutions department, Nomura Securities, which he has held since July 2004.
As a pioneer in the Australian super space, CSC continues to focus on core objectives while taking calculated risks in an uncertain macro-economic environment.
The Asset Management Awards seek to recognise outstanding achievements among Asia Pacific-based fund and asset managers. Entries are open from now until March 4, 6pm HKT.
Some have accused Sri Lanka of falling into China’s “debt trap", but the South Asian nation refuses to put all of its eggs in China’s basket.
Hong Kong’s Mandatory Provident Fund recorded investment losses for 2021 as local and mainland Chinese equities underperformed, but experts eye other headwinds for the coming year.