Manulife Asset Management in Malaysia has announced the appointment of a new Chief Executive Officer.

With effect from May 1st Jason Chong will take up the new position with Wong Boon Choy staying on and transitioning to the role of Advisor as he retires from the full-time Chief Executive position, the company said in a press release.

Chong was most recently Chief Investment Officer of Manulife Asset Management Services Berhad (MAMSB). With over two decades of capital markets experience, he joined the company in 2010, and was appointed a member of the Board of Directors in 2012.

In his time with Manulife, he has led the asset management organization including the equity, fixed income, and multi-asset, as well as other business functions such as operations, compliance, and product development investment teams.

Wealth and Asset Management Push

As Chief Executive Officer, Chong will oversee the growth and development of MAMSB’s integrated wealth and asset management business, reporting directly to Gianni Fiacco, Chief Operating Officer, Wealth and Asset Management, Asia, and locally to Mark O’Dell, Group Chief Executive Officer and Executive Director, Manulife Holdings Berhad.

«Jason has played a key role in the building of our Malaysian asset management business since 2010. We are very pleased to have in Jason a strong and natural successor to Boon Choy, with the pair having worked closely together through the integration of our wealth and asset management business,» added Fiacco.