The Trade
GAM Investments expands into Asia Pacific with new Singapore office
The asset manager has appointed Terence Bong to oversee client activities for the South East Asia region and run the new office in Singapore.
GAM Investments has moved to further expand its presence in the Asia Pacific region with the opening of a new Singapore office.
The new location will be run by newly appointed Terence Bong who will also oversee all client activities including business development and client relationships for the South East Asia region.
He joins GAM Investments from Templeton Asset Management where he had previously served as head of wholesale for South East Asia, responsible for distribution to private banks, independent financial advisors, insurance companies and consumer banks across Singapore, Thailand and the Philippines.
Birta – Iceland’s fourth largest pension fund
Birta has appointed
Hrönn Jónsdóttir, and
Hjörleifsdóttir
, along with Jónsdóttir and board members Örvar Þór Kristjánsson and Hilmar Harðarson, comprise the four employee representatives on its board, Birta announced following its annual meeting, with Kristjánsson coming in as a new member, replacing Jón Kjartan Kristinsson.
Magnússon
, along with board members
Þóra Eggertsdóttir, Álfheiður Ágústsdóttir and Sigurður Ragnarsson, constitute the employer representatives on board, Birta said, with Ágústsdóttir and Ragnarsson being new to the board, replacing Guðrún Jónsdóttir and Davíð Hafsteinsson, who – along with Kristinsson – are now leaving the Birta board.
Terence Bong, GAM
GAM Expands in Asia
Zurich-based GAM is hiring
Terence Bong to lead client activities for Singapore and Southeast Asia out of the new office, it said in a statement on Wednesday. Bong was previously Templeton s head of wholesale in Southeast Asia.
Peter Sanderson. A flagship line of GAM bond funds had steeped itself in Greensill supply chain assets, which was in turn massively exposed to industrial magnate
Sanjeev Gupta. The asset manager in 2018 shut the funds and returned investor money, but didn t entirely sever ties to Gupta until six months ago.
«The establishment of an office in Singapore, together with [Bong s] appointment, represents an important strategic step for the firm,» CEO
People Digest: Aviva Singlife names new CEO; GAM hires SE Asia lead
Pearlyn Phau.
Aviva Singlife names Pearlyn Phau group CEO
Aviva Singlife announced that it has named Pearlyn Phau as new group chief executive officer (CEO), following the $2.4-billion merger of Aviva and Singlife last year.
Phau’s appointment takes effect from August 18, 2021, subject to regulatory approval. She will also take on the additional role as executive director and CEO of both Singlife and Aviva Singapore, according to the announcement.
Phau joins Aviva Singlife from DBS Group, where she held various senior leadership roles both in Singapore and Hong Kong.