Investor services firm IQ-EQ has announced the official start of its new regional chief executive for Asia.
IQ-EQ hires Michael Marquardt as its Asia CEO, according to a statement, and he is tasked with growing the business in Asia where it is home to 800 employees and offices in Japan, Singapore, Hong Kong, the Philippines alongside mainland China where it recently added offices in Shanghai and Shenzhen.
Marquardt has 30 years of experience, most recently as the chief operating officer (COO) of investment management and advisory firm Zerobridge. Previously, he also spent more than a decade in Asia with Blackrock, including as its APAC COO.
Continued Expansion
Marquardt takes on the new role as expected after the IQ-EQ announced his appointment in July as part of a raft of hires that followed the exit of the Iyer family, including the firm’s Asia executive chairman Shanker Iyer.
Other recent hires in the region include Singapore head of private wealth Andrew Ho; Hong Kong funds business development director Clare Chang; Shanghai funds business development director Goldie Ko; associate director Jerome Kong, who is also based in Shanghai; and Shenzhen funds business development director Arien Yuan.
[Marquardt] will bring his commercial expertise to lead a team of investment experts on the ground. [He] joins an expanding cohort of senior hires in Asia,» said IQ-EQ group CEO Mark Pesco. «We are committed as a business to growing our footprint and service offering in Asia.»
