The firm has hired a former director from Fidelity for the same Hong Kong-based role, servicing banks and insurance firms in the region.

Raymond Chan joins the American asset manager reporting to Priscilla Leung, head of intermediary business for Greater China.

Chan has 17 years of asset management distribution experience and was most recently with Fidelity, also as a client director for its intermediary business. Previously, he held a similar role with Janus Henderson covering both the Hong Kong and Singapore market.

Hiring in a Pandemic

Despite an ongoing coronavirus pandemic that has claimed over 38,000 lives, T. Rowe Price continues to expand in Asia through hiring. Earlier this year, it named a consultant relations manager for Asia, Ashlesha Vaishampayan, who would be responsible to boost engagement with industry. consultants, researchers, and platforms.

«We take pride in being able to invest in growing our team and adding strength to serve our clients through this challenging market environment,» said Leung in a statement welcoming Chan.