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Fidelity hires institutional business director

Fidelity hires institutional business director

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3 minute read

The new director will be tasked with helping manage institutional client and consultant relationships at the firm while growing its institutional business.

Fidelity International has announced the appointment of Satoko Asai to the Melbourne-based role of director, institutional business.

Ms Asai has over 17 years of experience in financial services and joins from Uniting Ethical Investors, where she worked across both the wholesale and institutional distribution channels.

Previously, she worked at the Principles for Responsible Investment in Melbourne and spent five years at Schroders in the institutional team based in Tokyo.

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In her new role, Fidelity said that Ms Asai will help manage institutional client and consultant relationships and grow its institutional business.

She will also work closely with the firm’s investment and sustainable investing teams to deliver sustainable solutions to institutional investors, and will report to the head of Fidelity’s institutional business, Tim Connolly.

“Satoko has extensive experience and strong academic credentials, particularly in sustainability and is a very well-regarded figure in the industry,” Mr Connolly said.

“We’re delighted to have her on board and believe she will be an excellent addition to the team.”

Ms Asai’s qualifications include a bachelor of engineering in environmental engineering and a master of engineering in environmental & ocean engineering from the University of Tokyo. 

She also studied a masters of engineering in civil engineering as an exchange student at University of Sydney and has been a CFA Charterholder since 2011.

Earlier this month, Fidelity announced the appointment of Lawrence Hanson as managing director, Australia.

Mr Hanson, who has been with the firm for 15 years, will be responsible for delivering continued growth for Fidelity’s business in the country.

Jon Bragg

Jon Bragg

Jon Bragg is a journalist for Momentum Media's Investor Daily, nestegg and ifa. He enjoys writing about a wide variety of financial topics and issues and exploring the many implications they have on all aspects of life.