Pan Yanhong

China Pacific Life Insurance (CPIC Life, a subsidiary of China Pacific Insurance) announced two appointments on March 26.

Pan Yanhong was elected as the new chairwoman for the board and 'John' Cai Qiang as board director and general manager (CEO). She replaces Kong Qingwei, who will join parent CPIC for other duties.

Pan joined CPIC in 1994 and has worked in several different roles with the company. She was previously the deputy director and director of the finance planning department in CPIC, and also the deputy chief financial officer of CPIC Life. 

Cai previously worked for rival AIA as regional CEO (covering China, Vietnam and Malaysia) and left the firm in January 2020. He then joined tech firm WeDoctor as chief financial officer and left the firm after one year. WeDoctor named Wang Yongcai as his replacement.


Australian financial services firm AMP Limited admitted that its chief executive officer Francesco De Ferrari will resign and leave the position by the third quarter of this year.

Alexis George

The announcement comes a week after AMP denied that he was leaving, in response to an Australian Financial Review report claiming that he was set to resign on Friday (March 25).

De Ferrari joined the company in December 2018 from Credit Suisse, where he had spent 16 years of his career in senior roles overseeing private banking and frontier markets.

AMP has appointed Alexis George to take over as its new CEO by the third quarter. She is currently deputy chief executive at ANZ, and was previously group executive of wealth for the Australia market at ANZ, leading a A$4 billion wealth divestment programme.

The appointment is seen as a move to steer the company past its sexual harassment scandal, and several resignations that followed, including those of chairman David Murray, former treasury secretary John Fraser, AMP Capital head Boe Pahari, and now De Ferrari.


Jin Mei

Robeco has named Jin Mei as head of China and promoted Amanda Lin to the head of institutional business development for Greater China.

Jin will join Robeco in April who is based in Shanghai. He replaces Mitchelle Chow, who left her role as head of distribution China last year. He reports to Graham Elliot, head of institutional business for Asia ex-Japan, who is based in Hong Kong.

He is joining Robeco from Franklin Templeton, where he was general manager responsible for the firm’s overall China development strategy. Prior to this, he was the chief representative for Natixis Asset Management’s China business.

A spokeswoman from Franklin Templeton told AsianInvestor that Jin left the firm on February 28 and the firm is reviewing the wholly foreign-owned enterprise Shanghai unit structure. It will make an replacement announcement once ready, she added.

Amanda Lin

Lin has been promoted to be head of Robeco's institutional business development for Greater China. Based in Hong Kong, she has worked at the asset manager in November 2015 and was previously the director of institutional sales for Hong Kong, Macau and Taiwan. The new appointment expands her existing responsibilities.

A spokeswoman told AsianInvestor the firm is currently working on launching the private fund management (PFM) platform, which will allow Robeco to manage onshore funds in China and sell to qualified domestic investors. The asset manager is expected to expand the Shanghai team including operations, sales and investment specialist in due course.


Carmen Lai

Axa Investment Managers hired Carmen Lai as Asia head of institutional sales on January 25. 

Based in Hong Kong, Lai reports to Terence Lam, head of client group core for Asia Pacific, who is located in the same office. She will oversee the development the French asset management firm’s institutional business and client relationship in Asia.

She is replacing Kyle Wang, who became head of Axa's sovereign and supranational entities (SSE) for Asia in September 2020, also reporting to Lam. A spokeswoman for AXA clarified that Wang had continued to cover the institutional business until Lai joined. 

Kyle Wang

Lai was most recently senior vice president of business development for Asia ex-Japan at Pictet Asset Management, where she spent 10 years. AsianInvestor reported that she left in April 2019. A spokeswoman for Pictet confirmed that she left on her own accord and that the role was filled by Heather Bao, who was appointed in July 2019. It is understood Laid had also previously worked at BlackRock.

In his fairly new role, Wang will work with Lai to grow Axa's institutional and SSE business in Asia. He had been the Asia head of institutional sales at Axa IM since 2016 and before this was a vice president at BlackRock for five years.


Tim Wang

GLP named Tim Wang as co-president of logistics and industrial real estate in China, effective April 1. He reports to Ming Z. Mei, co-founder and CEO of GLP.

Prior to joining GLP, Wang was senior managing director at Blackstone and left the firm in September 2020. He has also worked in the real estate principal investment group of Merrill Lynch in China.

Victor Mok, the former co-president of logistics and industrial real estate in China for GLP, will continue in his role as chairman and CEO of the company’s asset service platform, which manages logistics and industrial parks.


BlackRock is in the process of selling its onshore retail fund business to DGB Asset Management, but a spokeswoman said it would have a limited impact in terms of personnel changes. She declined to be more specific about how it would affect staff numbers.

A spokeswoman told AsianInvestor that the US fund house decided to sell the business because Korean investors want to invest more into offshore assets, which it will help them to do. The firm’s onshore business currently has W794.2 billion ($701.7 million) in assets, according to data from the Korea Financial Investment Association.

BlackRock will continue to keep its office in Seoul, and its key personnel remain unchanged. The Korean office, headed by Choi Man-Yeon, has about 20-25 staff. As part of this role, he oversees the onshore retail business.

The sale to DGB Asset Management was agreed on March 31. It is subject to regulatory approval and terms were not disclosed.


Income Partners Asset Management has named Linda Luk as its Hong Kong-based chief distribution officer.

Linda Luk

She joined the asset manager in March and reports to Emil Nguy, chief executive and chief investment officer who is also based in Hong Kong.

This is a newly created role to streamline efforts across intermediaries’ relationships in a senior leadership position, a company spokeswoman said.

Luk was previously the Hong Kong-based managing director and head of distribution at Vanguard, a position she left in February, according to her LinkedIn profile.

Vanguard closed its offices in Hong Kong and Tokyo in August last year. The fund house declined to comment on whether Luk's departure is a result of that. 


Singapore Land Authority (SLA) announced the appointment of Colin Low Hsien Yang its new chief executive, effective from April 12. 


Low replaces Tan Boon Khai, who left in September to become the CEO of Jurong Town Corporation. Simon Ong Hung Eng, deputy chief executive of SLA, has been acting chief executive in the interim. SLA is a government agency which oversees state land and property management.

Colin Low

Low was previously the CEO of Frasers Hospitality Trust (FHT) but resigned from the real estate trust in January to "pursue other professional interests outside the real estate industry", according to an announcement at the time. He had been in that position since July 2019.

Before that, Low had been as the Emea head of hotel investment properties for nine months from August 2018, while prior to that he was head of investment for FHT from July 2014 and June 2018.

A spokeswoman for the managers of FHT said Low’s last day would be April 9 and that FHT was in the process of finalising the appointment of his replacement, which would be announced in due course.

Lai replaces Kyle Wang, who became head of sovereign and supranational entities (SSE) for Asia in September 2020. A spokeswoman clarified that Wang stayed on to cover institutional business until Carmen’s joining in January 2021.


The Carlyle Group has appointed Takaya Imai as senior adviser to the Carlyle Japan advisory team, effective today (April 1).

Imai advises the Carlyle Japan team on investment activities, including identifying and assessing new investment opportunities, advising on the operations and value creation initiatives within Carlyle’s existing portfolio, among others.

He does not have a reporting line and did not replace anybody in this new position, AsianInvestor understands.

He previously served as executive secretary and chief executive assistant to Prime Minister Shinzo Abe during the Abe administration, an advisory role that followed almost three decades at the Ministry of Economy, Trade and Industry (METI) where he held various positions focusing on economic, trade, industrial and energy policy.