Aberdeen Standard Investments (ASI) has appointed a new APAC chief executive to spearhead its “ambitious growth agenda” in the region.
René Buehlmann will take the reins at the APAC business, succeeding Hugh Young, who will take on a new role as Asia chairman. Mr Buehlmann will have responsibility for driving ASI’s global strategy in the region as it invests to build out its franchise and will be a member of the executive leadership team, reporting to Standard Life Aberdeen CEO Stephen Bird.
“The Asia Pacific region is core to Standard Life Aberdeen’s growth strategy. René’s wealth of experience in asset and wealth management, deep knowledge of key client segments and a proven record of developing a strategic business will support our growth ambition,” Mr Bird said.
“His acute understanding of client needs and evolving investment trends will be vital, as we focus on the significant opportunities in the region and delivering a diverse array of future-fit investment solutions to our clients.”
Mr Buehlmann has over three decades’ experience in global wealth and asset management, corporate banking, and financial markets. He spent 29 years at UBS and was most recently head of asset management APAC and global head of wholesale client coverage at UBS.
“The growing demand from clients for innovative solutions to address their investment and retirement needs, combined with Aberdeen Standard Investments’ proven Asian and global investment expertise, presents tremendous opportunities for the business. I am excited to take on this role and look forward to contributing to the company’s continued success in Asia Pacific,” Mr Buehlmann said.