HSBC AM fills in senior Taiwan, Singapore roles

HSBC Asset Management has hired yet more senior executives from JF Asset Management in Taiwan. Andrew Chen has moved to serve as president of HSBC’s securities investment trust enterprise, focusing on sales and marketing.

He reports to Christina Sung, the ex-JF supremo who oversees the entire Taiwan business and has changed nine of the Taiwan business’ top managers since she joined in April. Gloria Wang had served as an acting president but was really more like a chief operating officer, and she left early this year. The COO role was formally adopted by Adelina Louie in April – the same time Christina Sung joined – who arrived from HSBC Bank.

Blair Pickerell, HSBC AM’s Hong Kong-based CEO (and who established JF’s Taiwan business in the 1980s), says Chen is the latest and most senior in a long line of new hires in Taiwan since he lured Sung to join the organization.

Meanwhile, the firm has also hired Mah Yeok-Fun in Singapore as managing director, responsible for the overall strategy and business management in that country, as well as for HSBC AM’s institutional business throughout Southeast Asia. A former senior economist at the Monetary Authority of Singapore’s securities and futures department, Mah joins from Invesco, where she had been managing

HSBC Asset Management has hired yet more senior executives from JF Asset Management in Taiwan. Andrew Chen has moved to serve as president of HSBC's securities investment trust enterprise, focusing on sales and marketing.

He reports to Christina Sung, the ex-JF supremo who oversees the entire Taiwan business and has changed nine of the Taiwan business' top managers since she joined in April. Gloria Wang had served as an acting president but was really more like a chief operating officer, and she left early this year. The COO role was formally adopted by Adelina Louie in April - the same time Christina Sung joined - who arrived from HSBC Bank.

Blair Pickerell, HSBC AM's Hong Kong-based CEO (and who established JF's Taiwan business in the 1980s), says Chen is the latest and most senior in a long line of new hires in Taiwan since he lured Sung to join the organization.

Meanwhile, the firm has also hired Mah Yeok-Fun in Singapore as managing director, responsible for the overall strategy and business management in that country, as well as for HSBC AM's institutional business throughout Southeast Asia. A former senior economist at the Monetary Authority of Singapore's securities and futures department, Mah joins from Invesco, where she had been managing director.

As country head she reports to Pickerell, and will work closely with Au King-lun, head of institutional and private clients in Hong Kong. She replaces Shek Chee-seng, who had departed earlier this year to work in mainland China.

As country head she reports to Pickerell, and will work closely with Au King-lun, head of institutional and private clients in Hong Kong. She replaces Shek Chee-seng, who had departed earlier this year to work in mainland China.