Today sees one senior departure and one new hire to keep the musical chairs moving in Asian wealth management.
Johnny Heng is taking up a new role with Nomura, Asia’s global investment bank. Heng has today been appointed as Chief Investment Officer, Wealth Management, Asia ex-Japan. Mr. Heng is based in Singapore and reports to Nobuhiro Sano, Head of Wealth Management, Asia ex-Japan. In this newly created role, he will be responsible for the investment advisory and portfolio management teams within Wealth Management and will work closely with the product team to enhance Nomura’s global investment platform across all asset classes.
“Johnny brings with him 20 years of experience in investments covering all asset classes,” said Amanda Chen, Deputy Head of Wealth Management, Asia ex-Japan. “His global outlook on investing and regional experience in managing advisory teams makes him very well-placed to lead Nomura Wealth Management’s investment team.”
Johnny Heng joins from Coutts, where he was Managing Director and Head of Investment Services, Asia. Previously, he also worked as Head of Investment Consulting at Credit Suisse’s private bank and was a member of the Management Investment Committee at the Government of Singapore Investment Corporation (GIC), holding multiple positions including Global Head of Equities Trading and Head of Quantitative Equities.
The senior departure is according to reports out of Hong Kong Anuj Khanna the chief executive of private bank Pictet in Asia, who is parting ways with the firm at the end of this week.
It is expected that Claude Haberer, CEO of Pictet Wealth Management in Asia will act as CEO until further notice.
