People Moves
Pictet Hires Vice President For Asia-Pacific Asset Management
Switzerland’s Pictet Asset Management has hired a vice
president, business development, for Asia-Pacific, with a focus
on expanding
the business in Hong Kong and Macau.
Laurence Lo will be responsible for developing retail
fund
distribution in Hong Kong and Macau, according to a statement
from the bank. He will report to Lawrence Tse, head of
distribution, Asia-Pacific.
Lo was
previously senior manager, distribution sales, at France's BNP
Paribas Investment
Partners since 2007. He has also held various business
development related roles at JP Morgan Asset Management, DBS Bank
and Standard Chartered Bank.
“This appointment supports the continued expansion
of Pictet
Asset Management
in Asia especially where distribution is one of our key
initiatives," said Amy Cho, managing director and regional
head of business development, Asia-Pacific.
She
added that the firm recently established Pictet's own securities
investment
consulting enterprise (SICE) office in Taiwan in a bid to develop
a greater
distribution market share.
