T. Rowe Price Inc., the US $773bn global independent asset manager has appointed Elsie Chan as the Head of Intermediary Sales, Asia (Ex-Japan, Ex-Australia).  She will report to Scott Keller, Head of Global Investment Services, Asia Pacific at T. Rowe Price.

In this new role, Elsie Chan will be responsible for creating the strategy for, and the build-out of, the Financial Intermediaries business in Asia (excluding Japan and Australia).  This will include recruiting a team of locally-based relationship managers and developing product solutions tailored to meet the needs of investors in the local markets across the region.

Prior to joining T. Rowe Price, Elsie Chan was a Managing Director at UBS Global Asset Management responsible for all aspects of wholesale distribution in Hong Kong and Southeast Asia including sales and marketing, product development and management.   Her career started in 1998 in the United States with Merrill Lynch & Co (now Blackrock) where she worked in Chicago and New York.   Before joining UBS Global Asset Management in 2006, she held various roles at Allianz Dresdner Asset Management (now Allianz Asset Management) and ABN AMRO Asset Management (now BNP Paribas Asset Management).

Scott Keller, Head of Global Investment Services, Asia Pacific at T. Rowe Price, commented: “Providing top-quality investment solutions to Intermediaries throughout the region is one of the key pillars to developing a successful and sustainable business in Asia.  Elsie Chan is highly regarded and a very experienced practitioner in the Intermediary market.  Her deep knowledge and experience of the relevant markets in the region, in particular Hong Kong and Singapore, will enable us to accelerate our offering to Intermediaries across the Asia region.