Clifford Capital names CEO of asset management unit
Clifford Capital, the infrastructure credit platform backed by Singapore investment company Temasek Holdings, has tapped a former Schroders executive Lily Choh as chief executive officer of its asset management business.
Choh’s appointment to lead Clifford Capital Asset Management is pending regulatory approval, Clifford Capital says in a statement on July 7.
She is also named group head of asset management, and will be a member of the group’s management executive committee. Clifford Capital announced its expansion into asset management in January this year.
Choh has nearly 30 years of experience in asset management and joins from Schroders Singapore, where she was most recently head of South Asia and CEO of Singapore. She has also worked at Mercer and Singapore’s sovereign wealth fund GIC.
Eastspring Investments taps ex-Schroders executive to lead coverage of banks and intermediaries
Eastspring Investments, the asset management arm of UK insurer Prudential, has tapped former Schroders executive Szu Yi Chin as head of global financial institutions and intermediaries.
Chin’s appointment to the newly-created role is effective September 1, the asset manager says in a statement on July 9.
Based in Singapore, Chin will report to Salman Haider, chief distribution officer and head of ASEAN of Eastspring Investments and chief executive officer for Singapore.
She which will focus on the coverage of banks and intermediaries across the firm’s distribution network.
Chin joins from UK asset manager Schroders where she was last head of wealth for Asia Pacific. With more than two decades of experience, she has also worked at Fidelity International and Deutsche Bank.
HSBC elevates Sami Abouzahr to lead global investments and managed solutions
HSBC has promoted Sami Abouzahr to global head of investments and managed solutions, wealth and premier solutions.
Based in Hong Kong, Abouzahr reports to Lavanya Chari, head of wealth and premier solutions, the bank says in a statement on July 8.
In his new role of expanded responsibilities, which took effect this month, Abouzahr leads the bank’s wealth product strategy and delivery of sustainable investment, fund, discretionary portfolio management and alternative investment solutions to private banking and premier wealth clients globally.
Abouzahr has held senior roles across the bank’s operations in Hong Kong, mainland China and the UK, involving wealth and asset management, and wholesale banking.
J.P. Morgan Private Bank announce senior appointments to boost Hong Kong team
J.P. Morgan Private Bank has added a wealth advisor and a banker to bolster its Greater China business in Hong Kong.
Carrie Tang was named managing director and wealth advisor for the China team, and Luke Yang was appointed executive director and banker of the US bank’s Taiwan team.
The duo’s appointments were announced in LinkedIn posts by a bank spokesperson on July 8. Both Tang and Yang are based in Hong Kong.
Tang, who has 31 years of experience in wealth advisory, joined from PwC where she was a private market lead partner in Shanghai. Yang has over 13 years of experience and joined from Citi Private Bank in Hong Kong where he was a team head and director.
