People Moves

Eastspring Investments Reorganises Top Ranks In Line With Expansion Plans

Vanessa Doctor Asia Correspondent 21 June 2013

Eastspring Investments Reorganises Top Ranks In Line With Expansion Plans

Eastspring Investments, the asset management subsidiary of Prudential Asia, has named a new chief executive effective from 1 August 2013.

Guy Strapp takes over the CEO post from Graham Mason, who is stepping down to take on a new role as executive vice chairman of the firm. Strapp joined Eastspring in 2007 and has served as chief investment officer and as a key member of the leadership team. He most recently served as CEO of the Singapore and Hong Kong businesses.

In Mason's new role, he continues to maintain executive responsibility within the company for the asset management joint venture firms in India, China and Hong Kong. He also still serves as chairman of Eastspring Investments (Singapore).

The movements come as Eastspring Investments is continuing to grow its Asian business, and recently opened an office in Indonesia. It is also looking to expand in the UK and Europe, and has already established an operation in Luxembourg. At present, the company has around $95 billion in assets under management, most of which are sourced in Asia.

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