Zurich-headquartered asset manager GAM expands its Asia presence with the opening of a Singapore office led by a newly hired ex-Templeton executive.
GAM hires Terence Bong to lead client activities for Singapore and Southeast Asia out of the new office, according to a statement, reporting to head of APAC Rossen Djounov.
Bong was previously the Southeast Asia head of wholesale at Templeton Asset Management where he was responsible for distribution to private banks, independent financial advisors, insurance companies and consumer banks across Singapore, Thailand and the Philippines. Previously, he had also worked with Nikko Asset Management Asia, Schroder Investment Management, Aviva and Citibank Singapore.
«The establishment of an office in Singapore, together with [Bong's] appointment, represents an important strategic step for the firm,» said GAM’s group CEO Peter Sanderson. «We are planning to grow our business in Asia, including by responding to growing client demand for sustainable solutions in the region.»
