The bank has promoted Michael Levin to run its asset management across the region as it sets out on expansion with increased focus on the segment.
Neil Harvey will focus on institutional and ultra-rich clients in Asia as well as retain his group co-CEO role for Greater China.
Bunt Ghosh retires, while other business heads from the asset management unit take on different roles.
Credit Suisse's Harvey handed new role, Hong Kong unveils new council, Eastspring appoints Japan CEO, SLI transfers staff to Hong Kong and Pioneer poaches Axa's Bailie.
The bank is switching its funds business from a standalone distribution model to one that relies on its private bank, with sales heads exiting. But will it regret cutting back in Asia?
CS Asset Management CEO Robert Shafir says the firm will begin marketing HDFC’s India strategies this spring, as MD Neil Harvey scours for Asian partners in alternatives.