People Moves

Who's Moving Where In Wealth Management? - BNY Mellon Wealth Management, LGIM, Others

Editorial Staff 18 June 2018

Who's Moving Where In Wealth Management? - BNY Mellon Wealth Management, LGIM, Others

The latest moves in wealth management across Asia-Pacific.

BNY Mellon Wealth Management
BNY Mellon Wealth Management has appointed Yolande Escher as head of Greater China, based in Hong Kong. 

Escher will report to Jeroen Kwist, head of international wealth management and will be responsible for growing the BNY Mellon Wealth Management activities in Asia. 

Before joining BNY Mellon in 2014, Escher started her career at UBS Wealth Management in Zurich, Switzerland and London. 

In 2008, Escher joined Barclays Wealth and was a desk head for UK resident non-domiciled clients.

Legal & General Investment Management
Legal & General Investment Management has appointed David Hoantee Peng as head of Asia-Pacific ex-Japan.

Based in Hong Kong, he will report to Roger Bartley, vice chairman of investments, based in London. 

Peng will be responsible for developing LGIM’s business in the APAC region ex-Japan.

He has three decades of experience in the Asian financial-services sector and joins LGIM from Standard Life Aberdeen, where he was head of Asia for more than seven years.

BNP Paribas Securities Services
BNP Paribas Securities Services has appointed Diana Senanayake as head of Singapore.

The new head of Singapore will be responsible for the operation, and will look to expand the segment in the region.

She will report to Phillipe Benoit, BNP Paribas Securities Services head of Asia-Pacific, and Pierre Veyres, BNP Paribas chief executive for Singapore.

Prior to BNP Paribas, she was at RBC Investor and Treasury Services in Luxembourg, where she was recently managing director for global client coverage.

Senanayake will replace Mostapha Tahiri, who was appointed head of institutional investors and digital transformation for the APAC region in September 2017. Tahiri remains based in Singapore for his regional role, and reports to Benoit.

Macquarie Investment Management
Macquarie Investment Management has appointed Carl Jacobsohn as head of Asia business and Bas van Buuren as head of Asia distribution, based in Hong Kong.

Jacobsohn succeeds Axel Maier, who retired from the firm earlier this year. He has been with Macquarie Investment Management for more than 10 years, most recently as head of the Korea business. 

He will be responsible for leading the strategy for the region, providing oversight of the distribution operation, and supporting the regional and global needs of the business. 

In addition to his new responsibilities, he continues to lead the Macquarie Investment Management Korea business.

Reporting to Jacobsohn, van Buuren will focus on the distribution strategy in Asia, including identifying client investment needs, working with the existing distribution team on potential new channels, and helping to connect the region to the firm’s overall global distribution initiatives. 

van Buuren has more than 18 years of experience as a distribution leader in Asia. 

He previously worked for Aegon Asset Management as the regional head in Asia. Before joining Aegon, he held a variety of leadership roles with ING Investment Management, most recently as head of the Asia client group.

 

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