Vanguard hires new managing director, aiming to expand its Asia-Pacific operation.
Vanguard Investments has affirmed its plans for Asia-Pacific expansion with the hire of Lee Yuit Chieng as managing director of its Asian institutional business.
Based in Singapore, Lee will report to Vanguard Investments head of Asia and Japan Trevor Chudleigh.
"Ms Lee's appointment will allow us to increase our focus on key regional institutional investors, meeting their increased demand for Vanguard's products and services," Chudleigh said.
Lee has previously worked in funds management at Singapore's Monetary Authority, Deutsche Bank and Barclays Global Investors.
According to Vanguard Investments managing director Jeremy Duffield, Lee's appointment further cements an ongoing commitment to the Asia-Pacific region.
"We're currently focussed on the Asia Pacific business. Singapore is the key office for institutional aspects of the fund and is able to sell capabilities from the US and Dublin," Duffield said.
For Lee, joining Vanguard Investments is the next step in her professional development.
"I am delighted to be joining Vanguard at this time. The range and quality of their offering is exceptional and I have been impressed by the institutionalised dedication to serving client's interests," Lee said.
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