The new CEO says that she wants to develop and deepen relationships with asset owners and intermediaries, and build on the firm’s commitment to its clients by using localised investment expertise.

M&G Investments (M&G) has appointed Amy Cho as Asia-Pacific head and CEO of M&G Investments Singapore, subject to regulatory approval.

Cho, who was most recently CEO of Hong Kong, and deputy head of Asia-Pacific at Schroders, will be joining the business in November. She will be succeeding Loretta Ng who has decided to leave M&G to pursue personal aspirations, the firm said in a statement.

Cho will be responsible for accelerating M&G’s distribution ambitions in the region, a priority for the firm, enabling it to provide a better service for its clients. Before joining Schroders in 2018, Cho held senior positions at Pictet Asset Management, First State Investments, HSBC Asset Management and Citibank, the firm continued.

"Asia is central to our growth ambitions and we have made strong progress during this year in strengthening our distribution capabilities and broadening our licensing arrangements,” Neal Brooks, global head of product and distribution at M&G, said. 

“We look forward to welcoming Amy, who has a proven track record and significant experience in successfully driving business development, to drive our strategy and growth in the region, particularly in our focus markets of Japan, Korea, Taiwan, Singapore, and Hong Kong," he added.

Cho wants to develop and deepen relationships with asset owners and intermediaries, and build on the firm’s commitment to its clients by using localised investment expertise.    

“The APAC region is integral to the global success of M&G, and we look forward to contributing by ensuring that our initiatives are as successful locally as they are worldwide," she said.

Cho has served on various professional bodies including the Hong Kong Investment Funds Association, the Asia Securities Industry and Financial Markets Association, and the Hong Kong Trade Development Council’s Financial Services Advisory Committee. She is also an advocate for gender equality in the financial services sector, the firm said.

Through her efforts to broaden access to the industry, Cho is a member of the Career Development Advisory Council for the Hong Kong University of Science and Technology's (HKUST) Business School, where she advises on career counselling and job placements for students.

M&G Investments is part of M&G, a savings and investment business which was formed in 2017 through the merger of Prudential’s UK and Europe savings and insurance operation and M&G, its wholly owned international investment manager. M&G is listed on the London Stock Exchange and has £332.8 billion ($403 billion) of assets under management and administration, with customers in the UK, Europe, the Americas and Asia.