More regional risk heads expected in Asia
There is a growing trend for fund houses to have locally-focused chief risk officers in Asia, given rising regulatory demands and greater business opportunities, say recruiters and Hong Kong's securities regulator.
Greater China-focused chief risk officers (CROs) are set to become more common in the funds industry due to the broadening of access to mainland assets and investors, suggests Hong Kong’s securities regulator.
Recruiters make a similar point, noting rising demand among fund houses in Asia for locally and regionally focused risk specialists and a recognition of the growing importance of these roles.
In a report* last week, the Hong Kong’s Securities and Futures Commission (SFC)…
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