Pioneer makes key hires across Asia
08 November 2012
News, Asia, Australia, Japan, Korea
By Asia Asset Management
Pioneer Investments announced on Wednesday (November 7) the appointment of three senior sales executives across key markets in Asia under the direction of Jack Lin, head of Asia and Middle East. Martin Park joins as sales director Korea, Hiromi Wada has been appointed as Japan representative and Matthew Marks joins as sales director institutional Asia.
Commenting on these appointments, Mr. Lin said: ‘Asia Pacific region is a key area of focus for Pioneer Investments and it is essential that we have the right people in place to help us address institutional needs in this region and to drive our global ambitions. With pension funds in Asia Pacific now larger than those in Europe, and sovereign wealth funds accounting for 40% of the global total in Asia Pacific and the Middle East, the region offers some excellent institutional opportunities. I am delighted to have been able to attract high calibre talent like Martin, Hiromi and Matthew, who can help develop Pioneer Investments’ business with key clients in these markets and bring our compelling investment expertise to leading regional institutions and other professional investors.”
With over ten years’ experience in the financial industry, Mr. Park joins from HSBC Global Asset Management (Hong Kong) Limited, where he was the team head of its Korean institutional business from 2007. Mr. Park is a seasoned sales professional who has successfully marketed to and serviced a range of institutional and financial institutions from Korea. Leveraging from the success of Pioneer Investments’ business in Taiwan, Mr. Park, who will be based in Singapore, will focus on securing mandates with leading Korean institutional clients and seeking sub-advisory opportunities with leading Korean financial intermediaries. Earlier in his career, Mr. Park worked with Citibank and HSBC in Korea in their retail and high net worth sales organizations.
Mr. Wada joins from Itau Japan Asset Management, where he was successful in substantially increasing its institutional and retail businesses over the past three years. With 26 years’ experience in the financial services industry, he was previously the head of the financial institutions group at PIMCO Japan, overseeing a number of key accounts with leading Japanese institutional clients and financial institutions, and a senior client relations executive with Cititrust Japan. Mr. Wada started his career at IBJ and DIAM, where he served as a fixed income portfolio manager. He will be responsible for building Pioneer Investments’ business in the institutional and sub-advisory space in this market.
Based in Singapore, Mr. Marks will be responsible for positioning Pioneer Investments’ capabilities to central bank reserves, large state pension funds and sovereign wealth funds across Asia, excluding Japan and Korea. He is an Australian national with over 15 years’ experience in the financial industry. He was most recently a director of institutional business with Prudential Asset Management in Singapore, where he was instrumental in helping to broaden its regional institutional footprint. Prior to that, Mr. Marks has held a number of senior sales positions with the Macquarie Group, Merrill Lynch and Citibank based in New York as well as Australia.
These three hires follow a number of other key appointments in the region including Neal Jenkins, head of sales – Middle East, Central Asia and Africa.
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