Global asset manager Standard Life Investments has recently appointed Virginia Devereux Wong to the newly-created role of head of institutional wholesale in Asia.
Ms Wong will be based in Hong Kong where she will be responsible for developing Standard Life Investment’s private banking and wholesale distribution business in Asia. She joins Standard Life Investments from her previous role at Goldman Sachs Asset Management.
Ms Wong’s appointment follows the recruitment of Xiaosong Zhang as investment director and FeiFei Zhu as Asia business development manager in July. Prior to these current roles, Mr Zhang was head of China structured products business in Bank of America Merrill Lynch and Mr Zhu was vice president at Nomura’s investment banking division.
David Peng, head of Asia at Standard Life Investments said that all three appointments demonstrate Standard Life Investments' long-term commitment to the region as they continue to develop their presence in Asia.
“They bring over four decades of experience of working in the Asian financial services sector and add to the existing expertise and knowledge of Standard Life Investments’ rapidly growing team in Hong Kong,” said Mr Peng.
“We are seeing very positive momentum in the region right now as we increase the strength and size of our team and prepare to move into larger new Hong Kong offices.”
Mr Peng stated that the company’s focus on Asia has never been stronger, which reflected growing investor recognition of the investment solutions they offer.
“I am determined to ensure that as we continue to win mandates in the region we have the appropriate team and expertise in place to support our clients effectively,” he said.
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