Fidelity International has announced the appointment of Lawrence Hanson as managing director, Australia.
Mr Hanson has been with the firm for 15 years in the UK and Asia, and was most recently its head of south-east Asia, the Middle East and Africa, and head of Singapore. He previously worked at UBS Asset Management across a variety of roles.
According to Fidelity, Mr Hanson will be responsible for delivering continued growth for its business in Australia.
“Australia is an important market for Fidelity, and we remain focused on enhancing our existing capabilities and bringing new and innovative solutions to our clients and investors to support their evolving needs,” said Fidelity MD of Asia Pacific ex Japan Rajeev Mittal.
“With his 20 years’ financial services experience serving clients across Asia Pacific and around the world, Lawrence is ideally placed to lead our Australian business into the next phase of its growth.”
Mr Hanson will be based in Sydney and will continue to report to Mr Mittal. He will also retain his responsibility as the regional lead for Fidelity’s Asia Pacific ex Japan institutional business.
The appointment comes after the decision of former Australian MD Alva Devoy to return to Europe after 13 years in Australia, including eight years at Fidelity.
