Nikko Asset Management (Nikko AM) has recruited Hideo Abe to the newly created role of executive vice-chairman.
In his new role, based in Tokyo, Mr Abe will be responsible for enhancing Nikko AM’s executive-level marketing in order to reach a greater range of institutional and retail investors both in Japan and internationally.
“As a highly experienced senior executive in world-class financial institutions, Mr Abe has a distinguished track record in cultivating relationships with clients, and we look forward to working with him,” said Takumi Shibata, executive chairman of Nikko AM.
Mr Charles Beazley, president and chief executive of Nikko AM, stated that the management team would benefit from Mr Abe’s insights and valuable network in the industry.
“To fulfil our pledge to be Asia’s leading independent asset management company, we are determined to upgrade our access to clients on a global basis, and this is an area where Mr Abe has demonstrated particular expertise,” said Mr Beazley.
Mr Abe stated that he was very pleased to be joining Nikko AM at such a critical time for the firm.
“The company has developed a very unique position as a pan-Asian asset manager, and as the investment opportunity in Asia becomes increasingly attractive, we will position the firm to reach institutional and retail investors alike in markets around the world,” said Mr Abe.
Mr Abe’s most recent role was as an adviser at Mizuho Securities as a deputy president. Prior to this he performed roles as a board member and CEO at Nikko Citigroup.