Executive Board
Nikko AM Asia’s Executive Committee and Board of Directors

David Semaya
David Semaya
Chairman, Nikko Asset Management Asia & Representative Director & Executive Chairman, Nikko Asset Management

David Semaya is Representative Director and Executive Chairman of Nikko Asset Management Co., Ltd. He joined Nikko Asset Management in April 2014, and is primarily responsible for overseeing corporate governance.

He also contributes to overall corporate strategy and builds the reputation of the business by leveraging his extensive experience and broad network in the global asset management business.

Semaya most recently worked at Barclays Plc, where he served in various executive leadership positions since joining the bank in 2004. He was Head of the Wealth Management business in the U.K. and Ireland, Chairman of Barclays Asset Management Ltd., and CEO of Europe and Asia for Barclays Global Investors (now Blackrock). From 2004 to 2007, Semaya was President of BGI Japan Trust & Banking Co., Ltd. Prior to that, he was with Merrill Lynch and Co. for 12 years in a variety of roles in Asset Management and Capital Markets in both New York and Tokyo. He served as President of Merrill Lynch Investment Managers Japan from 2002 to 2004.

Semaya has served as a Director of the Investment Management Association., and the Wealth Management Association in the UK and as a Trustee Director for one of Europe's largest private pension funds. He currently is Director of Rongtong Fund Management Co., Ltd. (China), Affin Hwang Asset Management Berhad (Malaysia) and Ambit Investment Advisors Private Limited (India).

Semaya holds a BA from The University of Florida, a MEd. from Temple University and has completed the Stanford/NUS programme in International Management. Semaya is a dual US/UK National and fluent in Japanese.

Eleanor Seet
Eleanor Seet
President & Director, Nikko Asset Management Asia & Head of Asia ex-Japan, Nikko Asset Management

Eleanor joined Nikko Asset Management Asia in 2011 as president. She is responsible for driving the growth of Nikko Asset Management Asia. She has spent her entire career in the asset management industry and has a strong background in sales and marketing of investment products.

Previously, she held the role of senior director for iShares, Private Wealth Distribution, Asia ex-Japan from 2009. Prior to that, she spent 12 years at AllianceBernstein, where she was responsible for building and developing the firm distribution channels and business. She graduated with a Bachelor of Economics from the University of New South Wales, Sydney.

Yu-Ming Wang
Yu-Ming Wang
Director, Nikko Asset Management Asia & Deputy President, Global Head of Investment and CIO-International, Nikko Asset Management

Yu-Ming Wang has a wealth of experience in the asset management industry with a notable track record particularly in managing global fixed income.

Yu-Ming Wang is responsible for overseeing Nikko Asset Management's investment teams, comprising more than 200 seasoned professionals spanning four continents and seven locations (Tokyo, Singapore, Sydney, Auckland, Hong Kong, London and New York) and covering all global markets and asset classes.

Joining Nikko Asset Management as International CIO in January 2013, Yu-Ming assumed the additional position of Deputy President in April 2014.

Based in Asia since 2007, Yu-Ming was previously Head of Fixed Income at Manulife Asset Management (Hong Kong). Prior to that, he worked at Wachovia Bank for nine years in senior roles in the capital markets division in New York, before moving to Hong Kong to head the global markets business for the Asian region.

Yu-Ming earned his bachelor's degree at the Massachusetts Institute of Technology and his MBA from New York University. He is a US national and fluent in Mandarin Chinese.

Junichi Sayato
Junichi Sayato
Director, Nikko Asset Management Asia & Representative Director and Executive Deputy President, Nikko Asset Management

In June 2015, Junichi Sayato joined Nikko Asset Management Co., Ltd. as Representative Director and Executive Deputy President, where he will oversee risk management, legal, compliance, IT and operations.

Before joining Nikko Asset Management, Mr. Sayato most recently served as Representative Director and President of Sumitomo Mitsui Trust General Service Co., Ltd. He previously held the position of President at Sumitomo Mitsui Trust Research Institute Co., Ltd., and also oversaw IR at Sumitomo Mitsui Trust Holdings, Inc. as Director and Managing Executive Officer. At the former Sumitomo Trust & Banking Co., Ltd. (now Sumitomo Mitsui Trust Bank, Limited), he oversaw finance, operations, IT, compliance, and CS as Director and Managing Executive Officer. Before that, he served as Executive Officer and Regional Executive for the Americas at the same bank, as well as General Manager of the New York Branch and General Manager of the Risk Management Department.

He has over 13 years of extensive experience in working outside of Japan namely in London, New York and Washington D.C.

He graduated from the School of Law at Kyoto University in March 1978 and received his master's degree from the London School of Economics (Department of Economics, International Relations Major) in August 1982.

Lim Soon Chong
Lim Soon Chong
Director, Nikko Asset Management Asia & Regional Head of Investment Products and Advisory, Consumer Banking Group and Wealth Management, DBS Bank

Soon Chong is Regional Head of Investment Products and Advisory, Consumer Banking Group and Wealth Management in DBS Bank Ltd. In his current role, Soon Chong oversees discretionary portfolio management, investment advisory as well as investment product teams responsible for designing and executing investment solutions for DBS’s wealth customers.

Immediately prior to assuming his current role, Soon Chong headed the regional balance sheet management function within DBS Corporate Treasury with responsibilities for group asset and liability composition, liquidity transfer pricing, term wholesale funding and structural portfolio management. As Head of Regional Balance Sheet Management, Soon Chong was a member of the DBS Group Asset and Liability Management Committee and a member of the DBS Singapore Country Management Committee. Soon Chong also served in DBS’s Risk Management Department, working on integrating risk management practices, risk capital measurement, Basel II implementation, and partnering Group Finance on financial planning and strategy.

Soon Chong also worked at Algorithmics Inc (now part of IBM) as well as the Monetary Authority of Singapore, with experiences in a range of areas including bank capital and prudential policy, macroeconomic surveillance, monetary policy research and international financial cooperation.

Soon Chong holds a degree in Economics from the National University of Singapore.

Lim Say Boon
Lim Say Boon
Director, Nikko Asset Management Asia & Chief Investment Officer, DBS Private Bank

Lim Say Boon is the Chief Investment Officer for DBS Bank Ltd, Consumer Banking Group & Wealth Management.

In a career spanning 35 years, Say Boon has held senior positions in the banking/finance industry and in the international media. Prior to joining DBS, Say Boon was the Chief Investment Strategist for Standard Chartered Bank, Group Wealth Management and Private Banking. Say Boon has also worked as Director of Research for Standard Chartered Indonesia; Research Manager for Standard Chartered Securities Singapore; Regional Research Manager for Societe Generale-Crosby Securities; Head of Investment Research for Oversea-Chinese Banking Corporation; and Director, Portfolio Counseling, for Citigroup Private Bank. Say Boon held senior positions in the financial media in the 1980s, when he was Finance Editor for The Herald Sun and the Sunday Herald newspapers in Australia.

Say Boon is an economist by training, with a degree from Australia's Monash University.

Nikko Asset Management Group

The company's management team is highly experienced and diverse, and is committed to running the company according to international best practices. With a workforce representing over 30 nationalities and spread across 9 countries, the firm's executives carry out their responsibilities on a global basis and ensure that there is consistency in execution throughout the business.

Takumi Shibata
Takumi Shibata
Representative Director, President & CEO

Takumi Shibata is Representative Director, President & CEO of Nikko Asset Management Co., Ltd. He joined the company as Executive Chairman in July 2013, and assumed the roles of Chairman, President & CEO in January 2014.

At the end of March 2014, he relinquished the title of Chairman. Drawing on his global network and the wealth of experience, he is responsible for the group's domestic and international businesses, reinforces relationships with business partners and clients, and acts as a catalyst to unite Nikko Asset Management's multinational workforce.

Prior to joining Nikko Asset Management, Shibata was Group COO of Nomura Holdings. Before that, he was responsible for Nomura's European operations from its London subsidiary, and then oversaw global investment banking, global wholesale, global administration and global asset management operations. During his time at Nomura, Shibata spent 20 years in Japan and 17 years overseas.

Shibata is a former member of the Business Accounting Council of Japan's Financial Services Agency, Vice Chairman of the Japan Investment Advisers Association, Chairman of the Self-regulatory Planning Committee of the Japan Securities Dealers Association, a Board Member of the International Primary Market Association (London) and a Board Member of the Securities Institute (London). In these roles, he strove to further develop the financial markets in both Japan and the United Kingdom.

Shibata holds a BA in economics from Keio University and an MBA from Harvard Business School.

Sam Hallinan
Sam Hallinan
Managing Director, Nikko Asset Management Australia Limited

Sam Hallinan joined Nikko Asset Management as Managing Director, Australia on April 1, 2015.

Sam most recently was General Manager, Investment Management at NAB Asset Management while also serving as Director of Antares Capital Partners Limited, which is affiliated with NAB Asset Management.

Sam has a 20-year career in Australian financial services focusing on asset management, strategy, sales and organisational culture. At NAB, he held leadership roles in retail and institutional product and sales leadership roles for the asset management and investment platform divisions.

George Carter
George Carter
Managing Director, Nikko Asset Management New Zealand Limited

George Carter joined Nikko Asset Management New Zealand as the Managing Director in November 2015. He has 15 years of experience in the financial services industry.

George was previously head of distribution and a director at AMP Capital, a role he held for six years with responsibility for proactively engaging with and managing the business's external relationships. Prior to that, he worked as a consulting actuary advising institutional clients on pensions, investments assets and liabilities in the United Kingdom and New Zealand. He holds an honours degree in Theology from the University of Durham and is a Fellow of both the Institute of Actuaries and the New Zealand Society of Actuaries.

Udo von Werne
Udo von Werne
CEO, Nikko Asset Management Europe

Udo von Werne joined as Chief Executive Officer (CEO) of Nikko Asset Management Europe, encompassing Europe, the Middle East, and Africa (EMEA), in February 2016. He is responsible for Nikko Asset Management's business across this region and its continuing growth strategy, reporting directly to Nikko Asset Management President and CEO, Takumi Shibata.

Udo has more than 25 years of experience in the financial industry, most recently as Head of Institutional Clients for Continental Europe at Pictet Asset Management, and prior to that with organisations including Zurich Financial Services and UBS.

Fred DeSerio
Fred DeSerio
Head of Sales and Co-Head, Nikko Asset Management Americas

Fred DeSerio joined Nikko Asset Management in January 2015 as head of sales in the United States.

In May, he was promoted to the position of senior managing director, head of sales and co-head of the business for the Americas. He is upgrading the region's business development capabilities as Nikko Asset Management looks to expand not only in the United States but across North and South America.

Prior to joining the company he was a managing director at Invesco where he started working in 2002. Prior to Invesco, he worked for firms including Smith Barney, American International Group and Segal Advisors.

Yasuaki Ogiwara
Yasuaki Ogiwara
President, Nikko Asset Management Hong Kong Limited

Yasuaki Ogiwara joined Nikko Asset Management in April 2015 and is the president of Nikko Asset Management Hong Kong Limited.

He is responsible for supporting the company's delivery of integrated solutions to investors throughout Asia. He is a veteran financier. Prior to joining Nikko Asset Management he was the president of Nomura Asset Management in Hong Kong. He has also headed sales and business development in multiple markets during his tenure at Nomura Securities, including Taiwan and Europe.

Nikko Asset Management Affiliates Key Executives

Allen Yan

RongTong
http://www.rtfund.com/


Allen Yan
Deputy CEO, Rongtong Fund Management

Mr. Yan joined Rongtong Global Investment Limited as CEO in 2013. He has been serving as a deputy CEO of Rongtong Fund Management Co. since 2011.

From March 2008 to 2011, Allen was co-head of strategy and financial planning of Nikko AM.

He was head of financial planning and analysis from 2006 to 2008. Prior to joining Nikko AM, he had been with Fidelity Investments Japan since 2001. There he was in the finance division, responsible for business planning and financial analysis for Fidelity Investments Japan and subsequently Fidelity Investments Asia.

He earned his BA in Economics at the University of Chicago and his Master of Commerce and Management at Hitotsubashi University in Japan. He holds the designation of Chartered Financial Analyst (CFA).

Teng Chee Wai

Affin Hwang Asset Management Berhad
http://www.affinhwangam.com/
Teng Chee Wai
Chief Executive Officer & Executive Director,
Affin Hwang Asset Management Berhad

Teng is the founder of Affin Hwang Asset Management. Over the past decade, he has built the Company to be the fastest growing and only independent investment management house in Malaysia's top five, with an excess of RM 30 billion in assets under management.

In his capacity as Managing Director, Teng manages the overall business and strategic direction as well as the management of the investment team. His 'hands on approach' sees him actively involved in investments, product development and marketing. Teng's critical leadership and regular participation in reviewing and assessing strategies and performance has been pivotal in allowing the Company to successfully navigate the economically turbulent decade.

Teng's investment management experience spans more than 20 years, and his key area of expertise is in managing absolute return mandates for insurance assets and investment- linked funds in both Singapore and Malaysia. Prior to his current appointments, he was the Assistant General Manager (Investment) of Overseas Assurance Corporation (OAC) and was responsible for the investment function of the Overseas Assurance Corporation Ltd Group.

Teng's began his career in the financial industry as an Investment Manager with NTUC Income, Singapore. He is a Bachelor of Science graduate from the National University of Singapore and has a Post-Graduate Diploma in Actuarial Studies from City University London.