Weekly roundup of people news, May 24
CBUS DEPUTY CIO RESIGNS
Australian superannuation fund Cbus confirmed the departure of its deputy chief investment officer Alexandra Campbell, who resigned after just eight months after her appointment.
Campbell, who has been with the fund for a total of four years, was previously head of infrastructure before being promoted to head of private markets.
Campbell succeeded Brett Chatfield in the deputy CIO role, when Chatfied was appointed chief investment officer last September.
Her career includes positions at AustralianSuper, Avoca Capital Advisors, and Hastings Funds Management, with prior legal experience as a senior associate at Herbert Smith Freehills.
FUND SA CIO DEPARTS
Funds SA 's Chief Investment Officer Richard Friend is stepping down from the role after nearly eight years.
Friend, who joined Funds SA in December 2016, previously held positions at AustralianSuper, Warakirri Asset Managemen,t and Equip Super.
The asset manager is actively searching for a new CIO and plans to name an acting CIO in the near future.
BNP PARIBAS AM HIRES GREATER CHINA INTERMEDIARY SALES HEAD
BNP Paribas Asset Management appointed Ken Yiu as head of intermediary sales, Greater China with effect from May 20, a spokesperson confirmed with AsianInvestor.
Based in Hong Kong, Yiu reports to Peggy Lee, chief executive officer, Hong Kong and chief marketing officer, Asia Pacific.
Yiu joined from Amundi where he was most recently managing director, head of intermediary. He also worked at Fidelity International and Scroders.
EASTSPRING MALAYSIA APPOINTS NEW CEO
Yap Siok Hoon was named chief executive officer for Eastspring Investments Malaysia.
She joined Eastspring Investments Berhad in November 2013 as chief of sales and marketing, covering retail and institutional business development among other responsibilities.
She also worked at Hong Leong Asset Management.
UBS AM JAPAN NAMES NEW CEO
Keith Truelove was named president of UBS Asset Management (Japan), effective June 1, subject to regulatory approval.
He replaces Keiichi Miki, who has headed UBS Asset Management Japan since 2014. Miki will retire after a four-decade career in Japanese and international finance.
Truelove is currently co-head of UBS Japan Securities’ global markets business, a role he has held since 2020.
After Truelove’s transition to the asset management division, the global markets business will be jointly led by Naohiro Kuroda, current co-head, as well as Sean McCarthy, who currently heads execution services and financing.
Truelove has spent more than 15 years in various UBS Investment Bank leadership roles. He has also previously worked at Morgan Stanley, Mizuho Securities, and SMBC Nikko Securities.
NPS FILLS GOVERNANCE COMMITTEE
Kim Woojin was appointed as a member of Korea’s National Pension Service (NPS) advisory committee for improving corporate rules and practices, according to media reports.
He will oversee the voting rights division in the committee.
Kim Woojin, a professor at Seoul National University Business School, is already a member of the investment policy committee at NPS.
The corporate governance committee lost a member in January when Kim Gyeong-ryul, an accountant, resigned to join the ruling party's emergency leadership committee for the April election.
The appointment of Kim Woojin completes the nine-member committee chaired by Kim Hwa-jin, a professor at Seoul National University’s law school.
SUNGDAM FAMILY OFFICE APPOINTS VICE PRESIDENT
Korean real estate-focused family office Sungdam appointed Jang Bong-du as vice president.
Jang has been with the portfolio company Sungdam Development since 2013, most recently as managing director.
Sungdam’s portfolio includes direct ownership of various domestic real estate assets, including office buildings, land holdings, and a golf course. The family office also invests globally through real estate fund managers.