Mike Weigand will relocate from the UIS to Hong Kong to take up the role of chief operating officer for APAC. Mr Weigand brings two decades of global management experience to the job, and previously headed up T. Rowe Price’s internal audit division.
“Filling this leadership position is an important step for the firm as we further grow in size and complexity in APAC…Mike brings a solid risk and controls background to the role, as well as his experiences leading our firmwide response to the pandemic,” said chief operating officer Céline Dufétel.
“With Mike’s leadership and vision, I am confident that we will continue to strengthen our regional operations, enabling robust cross-functional collaboration and timely decision-making in support of our clients across a complex and dynamic region.”
Mr Weigand will provide local coordination and “cross-functional guidance” to several functions within the region, including client account services, investment operations, enterprise risk, finance, HR, legal and compliance, procurement, and technology. He will report to Ms Dufétel.
“T. Rowe Price is committed to building a sustainable business in the region. On the back of accelerated growth in recent years, we have continued to add resources to our middle- and back-office and supporting functions,” said Nick Trueman, head of APAC distribution.
“We are excited to have Mike in the region to lead the next phase of growth of our operations, providing our clients with stronger local support.”
