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.
She will be based in Hong Kong and is responsible for expanding SG CIBÆs strong warrant business in Asia, opening up new markets and developing a new range of flow and listed products across the region.
"The appointment of Heddy is part of our ambition to build world class capability and underlines our determination to invest in and attract the best specialists," says Bernard Desforges, head of equity derivatives Asia-Pacific.
Tsang rejoined SG CIB from ABN AMRO where she was head of public distribution of private investor products and built the firm's warrants businesses in Hong Kong and Singapore. Prior to joining ABN AMRO, Tsang was with SG CIB equity derivatives and structured products from 2000 to 2004.
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.