Week 50: Roundup Of Senior Moves Across APAC

As we hit the 50th week of the year here is our usual end of week round up of selected senior professional moves from financial hubs around the region.

Prudential’s Asian unit, Eastspring Investments, has hired Au King Lun from BOC HK Asset Management to drive its Hong Kong operation and support its institutional business.

According to sources Deutsche Bank’s head of Asia fixed income capital markets, Herman van den Wall Bake, has left the bank. Van den Wall Bake had been heading Deutsche's debt business in Asia since 2012 when he was promoted from his role as head of global risk syndicate Asia to replace Patrick Tsang. He was based in Singapore.

Manulife has appointed Laura Cao as regional chief analytics officer for Asia, responsible for building an analytics capability across 12 markets, and delivering on the company's customer experience strategy.

Ravi Sriskandarajah has been appointed as managing director and head of BMO Global Asset Management (Asia Pacific), a subsidiary of BMO Financial Group (BMO). He replaces Amit Prakash, who has moved to a global role within BMO as managing director, global ETFs and alternative investments at BMO Global Asset Management.

Ashurst has hired Joshua Cole as a Hong Kong-based partner in its corporate practice from King & Wood Mallesons. Cole, who has been in Hong Kong since 2010, specialises in cross-border M&A and joint ventures. He has advised on acquisitions, disposals and joint ventures across sectors such as energy and resources, telecommunications and financial services. Cole’s clients include Chinese SOEs, regional players and Western corporations.

Credit Suisse has named Michael Levin to run its asset management business in Asia Pacific day-to-day in a move that highlights the firm’s increased focus on the segment. Levin, who joined the firm in 2011, will be responsible for regional business strategy for asset management in the region, including expanding local distribution as well as its product and platform build-out. He is also tasked with driving business development via strategic partnerships, alliances and other inorganic opportunities.

And finally in Australia a former AMP executive has joined Commonwealth Bank of Australia as the general manager of the company's two financial advice dealer groups. Hugh Humphrey has been named general manager of bank financial planning. Starting in February, he will be responsible for licensees Commonwealth Financial Planning and BW Financial Advice. In a statement, CBA said Mr Humphrey joins from AMP, where he is currently director of strategy and transformation. Previously, he was managing director of Hillross Financial Services.

Bell Asset Management has appointed a former NAB Asset Management executive as its managing director of strategy and distribution. Rob Sullivan has been named by Bell Asset Management as the managing director of strategy and distribution.

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