Nikko AM Asia Names Seet As Executive Director

Oct 17 2011 | 9:10am ET

Nikko Asset Management Group has names Eleanor Seet as president and executive director of the firm’s Singapore and Southeast Asian operations.
 
Prior to joining Nikko AM Asia, Seet held the role of senior director for iShares, Private Wealth Distribution, Asia ex-Japan from June 2009. Previously, she spent 12 years at AllianceBernstein, where she was responsible for building and developing the firm’s distribution channels and business.
 
Blair Pickerell, Nikko AM’s head of Asia commented: “We are pleased to welcome Eleanor aboard. She has a particularly strong background in working with investment intermediaries in the region, and under her leadership, I believe we will see significant growth in our business in the region.”
 
Seet replaces Deborah Ho, who has served as chief executive officer of DBS Asset Management Ltd for the past four years.
 
Commenting on Ho’s departure, Pickerell said: “Deborah has played an important role in the development of DBSAM in recent years and was instrumental in bringing together Nikko AM and DBSAM. We would like to thank her for her leadership of DBSAM and wish her well.”
 
Nikko AM Asia has also appointed two other industry veterans to support the growth of the firm.
 
Teck Keng Neo has been appointed as head of middle and back office at Nikko AM Asia. He will transfer to Singapore from his role as head of operations and disclosure division at Nikko AM’s Tokyo headquarters. Prior to joining Nikko AM in 2005, he spent 11 years at Fidelity Investments Japan Limited, where he oversaw the operational processes and IT systems.
 
Rodney Lim has been appointed as head of compliance at Nikko AM Asia. He joins from UBS Global Asset Management, where he was responsible for compliance. Prior to joining UBS, he worked at Citi Global Wealth Management and PriceWaterhouse Coopers.

Nikko Asset Management Group is the largest regional asset management company headquartered in Asia. With the addition of DBSAM, Nikko AM’s total assets under management is over US$165 billion.


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