At the end of last year, the firm oversaw $258 billion of assets on behalf of institutional and retail clients.

Eastspring Investments, the Asian investment management arm of UK-listed Prudential, has appointed Terence Lim as chief risk officer, and Janelle Yeo as chief financial officer.

Lim, who will be joining the firm on 29 August, reporting to Seck Wai-Kwong, chief executive officer, will be a member of the firm’s executive management committee.

Based in Singapore, Lim will oversee compliance, risk, and governance activities across Eastspring. Lim brings more than 20 years of experience. Most recently, he was Asia-Pacific chief risk officer at abrdn, where he provided regional oversight and leadership of the risk and compliance function, as well as enterprise risk across its regional businesses. (abrdn was formerly known as Standard Life Aberdeen.)

The firm also appointed Yeo as CFO. Yeo, who has spent more than two decades in financial services, has been with Eastspring since 2008. Her last role was head of corporate strategy and mergers and acquisition. Effective immediately, she will be responsible for the finance and legal functions at Eastspring.

As reported here, last year Eastspring created a new management structure.