The Asian fund management unit of U.K. insurer Prudential appointed a new chief executive for Singapore and shuffled its senior management.
Eastspring Investments named Ooi Boon Peng chief executive officer of the Singapore unit. Ooi will also retain his role as regional fixed income officer. A company spokeswoman confirmed the move to finews.asia.
Ooi replaces Phil Stockwell as CEO in Singapore, who also acted as chief operating officer. Stockwell will now focus solely on his role as chief operating officer.
Guan Yi Low, formerly a portfolio manager in the fixed income team, has been promoted to chief investment officer, fixed income.
In Hong Kong, Michele Bang, Eastspring’s deputy chief executive and global head of distribution, will be now lead the company's digital initiatives. She has stepped down as head of distribution and was replaced by Xavier Meyer, who was previously head of product and partnerships. Meyer is based in Singapore.
