People Moves
CMS Trust CEO Departs, Deputy Named
CMS Trust Management, the Malaysian asset management firm,
has elevated
Philip Tan to deputy chief executive officer, replacing
Ian Tham Khean Hin.
Mr Tan will retain his present role as chief investment officer
and will stay on as deputy CEO until a suitable candidate is
found, the company said in a statement. Mr Tham resigned in 1
February to become CEO and executive director of
KFH Asset Management in Kuala Lumpur.
CMS Trust has $480 million in assets under management and manages
9 unit trust funds, including 8 local funds and 1 Asia Pacific
fund.
KFH confirmed Mr Tham's appointment in a statement released 1
March.