Robeco has hired a new chief executive for Singapore to replace predecessor Tom Keenan, who returns home to Australia after leaving the Dutch asset manager in November last year.

Nayan Patel was named Singapore CEO, according to a statement, reporting to Graham Elliot, Hong Kong-based head of institutional business, Asia ex-Japan. Patel will continue to be responsible for institutional sales in Singapore and Southeast Asia in the newly expanded role.

Patel, a 16-year asset management veteran with 8 years of experience, joined Robeco in 2014 before relocating in 2016 to Singapore in the year it launched an office in the city-state.

«We are entering an exciting growth phase in Singapore, building on our strong investment and sales teams as well as a solid client base,» Elliot added. «From decarbonising investment portfolios to capturing sustainability investment themes, Robeco has the key ingredients to help investors meet their goals across multiple asset classes.»