The Swiss wealth and asset manager is bringing in senior executives to fill the roles left by the departure of Amy Cho and Carmen Lai.
Pictet Asset Management has appointed Junjie Watkins as chief executive officer for Asia ex-Japan, effective 2 July, the firm said in an announcement.
Watkins will be based in Hong Kong, where she will oversee business development and client-related matters in the region and have management oversight of all other activities, Pictet said in the announcement.
Watkins joins Pictet from TCW Asia, where she was head of investment solutions for Asia. Before TCW, Watkins was head of investment solutions for Greater China at Neuberger Berman. She replaces Amy Cho, who joined British asset manager Schroders as its Hong Kong chief and Asia head of intermediary business in December.
Institutional Sales Appointment
Following Watkins from TCW is Heather Bao, who will assume the role of senior sales manager for Pictet AM Asia ex-Japan, covering institutional sales, a Pictet spokesperson based in Hong Kong said. Bao takes over Carmen Lai, who left the firm after 10 years. She will join on 15 July.
Pictet currently employs some 52 bankers in the region, who serve its main Asian markets of Taiwan, Singapore and Hong Kong. As of March, Pictet AM had $186 billion in assets under management globally.
