As it seeks to enlarge its footprint in the region, the Geneva headquartered global boutique asset manager Unigestion has announced the appointment of a new non-executive Chairman of the board of Unigestion Asia.

Based in Singapore, Edouard Merette will be instrumental in leading the firm’s strategy for growth in the region, working with Bernard Sabrier, Unigestion’s Group Chairman and Chief Executive of Unigestion Asia.

Edouard Merette 509Merette (pictured left) is Managing Director, Asia Pacific for the Caisse de Depot et Placement du Quebec, one of Canada’s largest fund managers and has over 25 years of corporate management experience in Canada, Europe and Asia Pacific. His track record of building and leading businesses in the professional services sector include seven years as Chief Executive for Aon Hewitt, Asia Pacific.

Merette also spent six years as a member of Mercer’s Global Executive Committee, the last year of which he was President, Asia Pacific.

In Asia For Long Term Growth

Merette will be replacing Bill Foo, who served as chairman for five years and who has decided to step down to focus on other commitments.

«We are thrilled that Edouard is joining our global family. We see Asia as a region of long term growth for Unigestion and Edouard’s profile and experience globally, together with his knowledge of the Asian financial markets will help us establish strong relationships with Asian institutional investors,» said Bernard Sabrier, Group Chairman of Unigestion.

Unigestion is privately-owned with a majority of the equity controlled by senior management, the firm focuses solely on asset management. Established more than 40 years ago, they currently have 19.7 billion dollars of assets under management.