The Asian investment management arm of Prudential plc, Eastspring Investments, one of the region’s largest investment managers, has announced a new Chief Executive Officer for its Singapore business.
With effect from 1 September 2016 Phil Stockwell will take up the new role, the firm said in a note to finews.asia. He takes over the CEO role from Jackie Chew who has been appointed to a global role within Prudential plc’s internal audit team.
Stockwell, who has considerable investment management experience across the Asia Pacific region, is a member of Eastspring’s Executive Management Committee and is the firm’s Chief Operating Officer. In this role he leads local and regional operations, IT, dealing, performance, enterprise data, investment compliance, front office support and programme management office. He joined Eastspring in 2014.
The Largest Asian Office
Prior to joining Eastspring, Stockwell was the Chief Operating Officer at BT Investment Management in Australia and held consulting roles with McKinsey & Company and KPMG Consulting.
Reporting to Eastspring Investments Chief Executive, Guy Strapp, Stockwell will be responsible for the operations of the Singapore office which is the largest of Eastspring’s 10 Asia offices and, with 350 employees, serves as the asset manager’s central investment hub.
«We are delighted that Phil will be leading our Singapore team, Singapore is not only our investment hub but is also increasingly important in supporting our global operations. Phil’s experience, drive and understanding of the investment industry will greatly benefit this important part of our business. He will be instrumental in continuing to grow our business in this important market,» said Strapp.
