London-headquartered M&G has announced the appointment of an Asia Pacific head and Singapore CEO.

M&G appoints Amy Cho as head of APAC and CEO of its Singapore unit, according to a statement, effective November 1 and subject to regulatory approval. She succeeds Loretta Ng who has decided to leave the firm «in pursuit of personal aspirations» after first joining in 2019.

Prior to her latest appointment, Cho was working at Schroders since 2018, last as Hong Kong CEO and APAC deputy head. Previously, she also held senior positions at Pictet Asset Management, First State Investments, HSBC Asset Management and Citibank.

«Asia is central to our growth ambitions and we have made strong progress during this year in strengthening our distribution capabilities and broadening our licensing arrangements,» said Neal Brooks, M&G global head of product & distribution, highlighting Japan, Korea, Taiwan, Singapore and Hong Kong as «focus markets».