Generali Investments Asia has named Yezdi Chinoy, previously head of compliance for Southeast Asia at Allianz Global Investors Singapore, a role he had held since 2008. Before that, he held senior roles at several global insurance and banking groups, Generali said in a statement yesterday.

Chinoy succeeds Terence Wong, who has been appointed as deputy chairman of the board of directors of Generali Investments Asia. Wong is also responsible for the Generali Group’s insurance operations in Southeast Asia and Hong Kong. Wong joined Generali in November 2011 after a 23-year stint at Prudential Financial.

Generali Investments Asia Ltd. is a 100 per cent subsidiary of Generali Investments Holding and provides investment advisory and asset management services to the Generali Group’s insurance entities.

Earlier this year, Generali agreed to offload its Switzerland-headquartered private banking business BSI, which has substantial operations in the Asia region.