New executive hires for Nikko Asset Management 03 August 2015Singapore Reporter: Stephanie Palmer
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Tokyo-based Nikko Asset Management has expanded its team of executives in Hong Kong and Singapore.
Eleanor Seet has been promoted to the position of head of Asia, excluding Japan. Already based in Singapore, Seet has been with Nikko since 2011, and has been credited with helping to develop the region as the firm’s major based for Asian fixed income and equity business, and global multi-asset investment.
The firm has also hired Yasuaki Ogiwara as president of Nikko Asset Management in Hong Kong.
Ogiwara joined Nikko Asset Management in April from his position as president of Nomura in Hong Kong. During his time at Nomura he has held positions such as head of sales and business development in various markets.
Takumi Shibata, president and CEO of Nikko Asset Management, said: “As a major global asset manager headquartered in Asia, we are in the right place at the right time. We are uniquely positioned to serve the needs of investors not only in this region, but around the globe.”
“It is vital for us to continue to hub and develop investment expertise in the Asian region to extend our leadership position. Eleanor is our natural choice to deepen our engagement in this region as she has been steadily building our footprint here over the past four years.”
The new hires represent the company’s expansion in to the global market. Executive Chairman David Semaya said: “The growing economic influence and financial market integration of China with the rest of the world and increasing growth from the ASEAN economies is increasing the desirability of Asia as an investment destination by global investors.
“As testimony to our significant commitment to this region, we have been deliberate in adding investment capability and human capital to support our presence in these markets.”
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