The role, which is a newly formed one, is being taken up by a figure working in the investment management sector for more than two decades.

State Street Investment Management, the $6 trillion-plus AuM asset management business of State Street, has appointed former Amundi senior figure Florian Neto (main picture) as senior managing director and head of investments, Asia-Pacific.

Based in Hong Kong, Neto will lead the firm’s investment teams across APAC, collaborate with local leaders, oversee regional investment activities and help drive initiatives across the firm’s investment platform. He reports to Lori Heinel, global chief investment officer.

“Florian brings a combination of investment expertise, proven leadership and extensive experience across the region’s diverse markets,” Heinel said in a statement. 

At Amundi, Noel most recently held the post of investments head for Asia. He has worked in the investment management sector for about two decades, spanning Asia, Europe and the Americas.

"From mature markets under structural evolution like Japan and Australia to high-growth Asian economies, investors are increasingly seeking robust wealth and retirement solutions, efficient ETF tools, and tailored institutional partnerships,” Neto said. "I am excited to lead our investment teams across Asia-Pacific to scale on the firm’s strong global platform, drive innovation and deliver differentiated investment outcomes for our clients.”

State Street’s investment business serves clients in more than 60 nations.