The Zurich-headquartered asset manager is furthering expand its local presence, following the opening of a Singapore office in May.

GAM Investments has appointed Nicholas Tan as an associate director based in Singapore, responsible for business development and client relationships in Singapore and Southeast Asia the firm announced on Thursday.

Tan joins the firm after three years at Capital International, where was part of its business development team, with a focus on financial intermediaries in Singapore and Southeast Asia. Tan also brings experience from Nikko Asset Management Asia and multi-asset family office Dawe Holdings.

Growing Asia Focus

Just last month, GAM opened a new office in Singapore and appointed former Franklin Templeton executive Terence Bong to lead client activities for Singapore and Southeast Asia.

GAM group CEO Peter Sanderson previously said the firm is planning to grow its business in Asia, including by responding to growing client demand for sustainable solutions in the region.