Nikko AM Asia rapidly builds leadership team following successful acquisition of DBS
Asset Management in 4Q2011
Singapore: Nikko Asset Management Co., Ltd ("Nikko AM"), the largest regional investment
manager headquartered in Asia1
, is pleased to announce that Joyce Koh has joined Nikko
Asset Management Asia Limited ("Nikko AM Asia")2
as Head of Marketing. Her appointment
is effective immediately and is the most recent in a series of senior appointments at Nikko
AM Asia, following Nikko AM's acquisition of DBS Asset Management Ltd ("DBSAM") in the
last quarter of 2011.
Ms Koh will be responsible for Nikko AM Asia's marketing activities and branding initiatives in
Southeast Asia. She joins Nikko AM from Fidelity Singapore where she spearheaded the
firm's marketing efforts from 2006 as a member of the firm's pioneering team in Singapore.
Prior to Fidelity, Ms Koh oversaw marketing and brand development as Brand and
Communications Manager at AVIVA Singapore from January 2003.
Ms Eleanor Seet, Nikko AM Asia's President and Executive Director commented:
"We're very pleased to welcome Joyce on board. Over the last three months, we've made a
number of strategic appointments, from within Nikko AM and externally, which will be
instrumental to the continued growth of our fund management and distribution capabilities
within the region. As Nikko AM's Asia ex Japan hub, our business here is strongly positioned
to provide investment solutions in Asia ex-Japan equity and Asian fixed income to investors
in Asia and elsewhere. Joyce's deep experience and pioneering spirit will be a tremendous
boost to our marketing initiatives within the region."
Blair Pickerell, Nikko AM's Head of Asia commented: "Joyce joins us at a dynamic time.
Nikko AM's acquisition of Tyndall Investments in Australia and DBSAM in Singapore in 2011
has catapulted Nikko AM into becoming Asia's largest regional investment manager at a time
when the Asian region is increasingly becoming one of the leading generators of wealth
globally. Both businesses have successfully integrated with Nikko AM from a business
platform and cultural perspective within a short time."
Ms Koh commented: "I am excited to join Nikko AM when the firm is placing itself at the
centre of Singapore and Asia's asset management industry. This is an unparalleled
opportunity indeed. I look forward to working with Nikko AM's international team of industry
veterans, who are building this firm to be the leading provider of investment solutions in
Following the acquisition of DBSAM, Nikko AM has quickly built its management team in
Singapore to position for regional growth:
Eleanor Seet, appointed as President and Executive Director in October 2011.
Ng Soo Nam, appointed as Chief Investment Officer and Executive Director in
October 2011, having led Nikko AM's Singapore based investment team since 2007.
Neo Teck Keng, appointed as Head of Middle and Back Office in October 2011,
having transferred from his role as Head of Operations and Disclosure Division at
Nikko AM's Tokyo headquarters.
Elaine Koh, appointed as Head of Institutional Business Development in December
2011, having led Nikko AM Singapore's institutional sales and marketing efforts since
Darryl Aw, joined as Head of Intermediary Business Development in January 2012
from MFC Global Investment Management
Phillip Yeo, appointed as Head of Product Development and Management, having
led DBSAM's product team since August 2006.
Rodney Lim, joined as Head of Compliance in October 2011 from UBS Global Asset
Don Wang, joined as Legal Counsel in December 2011 from Rodyk & Davidson.
Lynn Leong, appointed as Head of Finance, having joined DBSAM in August 2010.
Evelyn Lum, joined as Head of Human Resources in April 2011 from Bank of
America Merrill Lynch.
Mr Pickerell added: "There is no stronger testament to our position as Asia's investment
manager of choice than our ability to attract and assemble this team of industry veterans in
such a short time."
1 Refers to consolidated assets under management of approximately USD157 billion, including
nondiscretionary advised assets as at December 31, 2011.
2 Nikko AM Asia comprises the integrated operations of two Singapore-based investment managers formerly
known as DBS Asset Management Ltd ("DBSAM") and Nikko Asset Management Singapore Limited ("Nikko
AM Singapore"). DBS Asset Management Ltd was acquired by Nikko AM from DBS Bank Ltd on September
30, 2011 and renamed Nikko Asset Management Asia Limited on October 17, 2011, following integration
with Nikko AM Singapore.
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For inquiries, please contact:
Nikko AM Asia, Singapore
Sue-Lyn Yeoh, Head of Corporate Communications
Nikko AM, Tokyo
Kyoko Wada, Head of Corporate Communications
Nikko AM, Hong Kong
Jo Nhan, Marketing Communications Manager