Jin Liqun is re-elected to a second term as president of AIIB; Franklin Templeton confirms new CEO and restructures Apac management team; Cbus names new CEO; Manulife names general manager for Asia emerging markets; AllianzGI builds out multi-asset team in Asia Pacific, and IQ-EQ hires business development director.
American Century appoints new Korea sales head; JP Morgan names Japan head of investment stewardship; Schroders replaces global real estate head; Morningstar names head of sustainability research for Emea and Asia Pacific; Manulife rings changes in Hong Kong; and more.
The appointment will take effect on August 8, with Torres set to retire and return to Europe after 23 years with the group.
Dimensional appoints new Asia chief; HSBC Global AM adds China equity heads; SimCorp hires Apac data management sales head; Alvarez & Marsal adds restructuring MD; Credit Suisse names Thailand wealth head; Clifford Chance replaces Asia Pacific head.
A long-serving Franklin Templeton executive will lead the combined entity in the region once the Legg Mason acquisition is complete. But the appointee has come as a surprise to some.
Having secured a dealing licence in Hong Kong last year, Canada's biggest pension fund is considering locating traders in Asia. It has also added an equity investment head in India.