London-based Schroders has rejigged the local leadership in Asia Pacific, following the promotion of its regional head.
Schroders promotes Chris Durack, head of APAC, and Karine Szenberg, head of Europe as well as global head of product & marketing, to become co-heads of the firm’s global client group, according to a statement. They will both retain overall responsibility of their respective regions while reporting to group CEO Peter Harrison.
The client group is a dedicated team of professionals that work collaboratively to deliver tailored services. It is made up of experts from across the organization, including sales, business development, client experience, product, marketing and communications.
Client Group Leadership
Schroder has also announced a series of internal promotions to the global senior leadership of the client group.
Katherine Cox, current APAC head of strategic clients, product & private banks, has been named global head of long-term asset owners. In the role, she will focus on delivering services to official institutions, sovereign wealth funds and endowments.
The firm also appoints Carla Bergareche as global head of wealth, client group; Lesley-Ann Morgan as global head of pensions and retirement, client group; and David White as global head of insurance, client group alongside his responsibilities as CEO of financial planning arm Benchmark Capital.
Szu Yi Chin, currently head of client group, APAC, has been appointed head of wealth, APAC. She and Cox will continue to be based in Singapore.
Realignment in Asia
Following the aforementioned changes, Schroders has realigned its local teams in Asia. It has appointed Singapore CEO Lily Choh as head of South Asia, which includes Singapore, Malaysia, Thailand and Indonesia. She will also represent the firm in its Axis joint venture in India.
Current Hong Kong CEO Gopi Mirchandani has been named head of North Asia, which includes Hong Kong, Taiwan, Korea and Japan. She will retain her other existing role as head of strategy, APAC.
In recognition of the Chinese market's strategic importance, head of China David Guo will continue to report directly to Durack. Australia head and CIO Simon Doyle will also continue reporting to Durack.
