BNPP IP hires Puay-Lit Tan as head of official institutions, Asia Pacific
18 November 2013
News, Asia, Singapore
By Asia Asset Management
BNP Paribas Investment Partners (BNPP IP) has appointed Puay-Lit Tan as head of official institutions, Asia Pacific, in conjunction with his role as deputy CEO, Singapore. He joined the firm on November 7, 2013.
Based in Singapore, Mr. Tan will also serve as head of institutional business for South and Southeast Asia. He reports to T F Cheng, head of Asia Pacific institutional business development.
Commenting on the new appointment, Vincent Camerlynck, CEO of Asia Pacific at BNP Paribas Investment Partners said: “Puay-Lit’s appointment is a newly created role which demonstrates our commitment to strengthening our institutional business in the region. He brings with him strong industry knowledge, and a breadth and depth of expertise which will help our clients to meet their investment needs.”
T F Cheng, head of Asia Pacific institutional business development, said: “We are delighted with Puay-Lit’s joining our firm. He brings to BNPP IP Asia Pacific his considerable experience with official institutions and institutional asset management. Official institutions are a strategic and important group of clients for BNPP IP globally and in Asia-Pacific. Puay Lit's appointment reinforces our focus and ambition to deepen and grow our relationships with these core clients.”
Mr. Tan has held various positions dating back to 1987 and has worked for the Government of Singapore Investment Corporation as well as the Reserve and Monetary Management Department of the Monetary Authority of Singapore. Prior to joining BNPP IP, he was director of institutional client business at BlackRock, and before that he was client director at Barclays Global Investors (BGI).
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