PineBridge, a New York-based independent asset management firm, has expanded its institutional sales team in Greater China with the appointment of Peng Luo as managing director of the unit.
Luo will report to PineBridge Asia Pacific CEO, Rajeev Mittal, and will work to enhance and develop the company’s relationships with institutional clients in China.
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Luo comes with over 17 years of experience in the financial services industry, working with firms like Fortis Bank, HSBC and Bank of China.
Before joining PineBridge, Luo served as Societe Generale Corporate & Investment Banking managing director and China financial institutions & retail sales head.
Mittal said China continues to be a significant focus of their Asia growth strategy and Peng’s appointment will see them further build out PineBridge’s existing offering to institutional clients in Greater China.
Luo said PineBridge has strong regional and global capabilities, and he is excited to join the team at this pivotal time as the firm is taking a very focused approach to its China strategy to further strengthen its presence.
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By GlobalData
