First State Investments has created two new senior management roles for its offices in Singapore and Hong Kong.
First State Investments, the global asset management firm, has created new senior positions for its Asian offices as it continues to strengthen in the region.
Vivian Tang has been named director for the institutional business in North Asia based in Hong Kong, while Lauren Prendiville joined as director for the institutional business in South East Asia based in Singapore.
Tang was previously a director for distribution at Credit Suisse Asset Management. Prendiville ran a Singapore-based consulting firm Investment Marketing Solutions, which she co-founded. Both will be responsible for managing and developing relations with asset owners and consultants in their respective areas and report to Alexis Ng, managing director for South East Asia and head of distribution for Asia.
First State Investments is the international arm of Colonial First State Global Asset Management, which is a subsidiary of the Commonwealth Bank of Australia. It has $156.9 billion in funds under management as at 31 March 2014.