Principal creates bancassurance post

Sep 10, 2003

Irene Chung will promote the firm''s funds to regional and global banks.

The firm now sells its mutual funds and pension products via bank channels in Hong Kong, India and Malaysia, and is in talks with potential bank partners in Japan. Its strategic partners include Punjab National Bank and Vijaya Bank in India, and Bumiputra-Commerce Bank in Malaysia. It also has sales deals with other local banks in those markets as well as global names such as Citibank, Deutsche Bank, HSBC and Standard Chartered. In Hong Kong it is on the shelves of Bank of America, Bank of China, Wing Hang Bank, and others.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to AsianInvestor

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

If you are a senior professional at a large institutional asset owner, such as a sovereign wealth fund or pension fund, please contact [email protected] for further assistance.

Questions?

See here for more information on licences and prices, or contact [email protected]