British fund manager Schroders has made management changes across its Asia Pacific and Japan operations.
Previously, Lieven Debruyne served as the CEO of the firm’s Asia Pacific business.
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Debruyne’s responsibilities will now be split among Chris Durack and Susan Soh, who will become co-heads of Asia Pacific.
Durack and Soh will also continue to work as the country head of Australia and Singapore, respectively, in addition to their new responsibilities.
The pair will assume their new roles in the second quarter of this year.
The leadership change follows the appointment of Debruyne as the global head of distribution at Schroders last year.
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By GlobalDataAdditionally, Schroders hired Noriaki Kurose as the country head of Japan, replacing Shigesuke Kashiwagi.
Kurose will take on the new role on 1 May 2020.
He most recently worked as the managing director and board member of the Japan business at Pictet Asset Management.
Debruyne stated: “I am pleased to hand over leadership of the APAC business to established senior leaders Chris Durack and Susan Soh. With their combined wealth of industry and client engagement experience, our strong performing business across Asia Pacific is well positioned for the next stage of growth.
“We are also delighted to welcome Nori to his new role, and look forward to benefitting from his deep knowledge and understanding of the Japanese market.”
Schroders’ assets under management at the end of December 2019 totalled £500.2bn.
