Baltimore-based asset manager T. Rowe Price has announced the appointment of a new head of distribution for Asia Pacific.

T. Rowe Price appoints Elsie Chan as head of APAC distribution, according to a statement, overseeing teams based in Australia, Japan, Hong Kong and Singapore. In her new role, Chan reports to Scott Keller, head of Americas, APAC and EMEA – a newly formed unit at the end of 2021.

Chan was most recently T. Rowe Price’s head of Asia ex-Japan distribution after joining the firm in 2015. She has over 20 years of industry experience and previously also worked with UBS Asset Management. 

With Chan taking on a broader role, the firm has also appointed a leadership team in the region to report to her including Glen Lee, who joined as head of Asia ex-Japan intermediary business in July, Singapore-based Sae Joon Choi as head of Southeast Asia and Korea institutional distribution and Hong Kong-based head of Greater China institutional distribution business George Chow.

Chan succeeds Nick Trueman who has been named the new head of EMEA distribution.