Schroders names Lieven Debruyne Asia Pacific CEO
Chris Durack and Showbhik Kalra assume roles of Schroders Hong Kong Country Head and Head of Intermediary Business, Asia Pacific, respectively.
Lieven Debruyne has been appointed as Asia Pacific Chief Executive Officer, effective 11 May 2016, and joins the Schroders’ Group Management Committee. He replaces Richard Mountford who has been in the CEO role since September 2012.
Chris Durack succeeds Lieven Debruyne as Country Head of Hong Kong. He also takes on the role of Head of Institutional Business, Asia Pacific from Sydney-based Greg Cooper. Chris joined Schroders’ Sydney office in 2011 as the Head of Product and Distribution and relocated to Hong Kong in February 2016 to take on the role of Head of Distribution.
Singapore-based Showbhik Kalra, Head of Product for Asia Pacific, assumes added responsibility as Head of Intermediary Business, Asia Pacific; a role that was previously held by Lieven Debruyne.
Richard Mountford at Schroders, said:
“We’re delighted to announce these appointments within Schroders’ Asia Pacific team.
“Schroders has had a presence across Asia Pacific for over 40 years and we operate from 10 offices across the region. We manage a large pool of assets on behalf of our clients in Asia Pacific and we are fully committed to further strengthen our position as a leading asset manager in the region.
“The appointment of Lieven, Chris and Showbhik is evidence of our long-term succession planning, and the company’s desire to promote talented individuals from within who understand Schroders’ unique culture.
“Lieven brings with him unrivalled experience and expertise in delivering cross border business strategies and as such is a natural successor in the role. Chris’ deep understanding of the region’s client needs will be of great value in his new position. Showbhik has built a strong knowledge of our Intermediary business, as product is an integral part of our Intermediary sales strategy.
The views and opinions contained herein are those of Schroders’ investment teams and/or Economics Group, and do not necessarily represent Schroder Investment Management North America Inc.’s house views. These views are subject to change. This information is intended to be for information purposes only and it is not intended as promotional material in any respect.