Schroders announces senior leadership appointments to Asia Pacific business

Maria Nikolova

Chris Durack, Country Head of Australia and Susan Soh, Country Head of Singapore, have been appointed as Co-Heads of Asia Pacific with effect from Q2 2020.

Schroders today announced senior leadership appointments to both its Asia Pacific region and Japan business as the Group continues to deliver on its growth strategy across APAC.

Following the promotion of Lieven Debruyne from CEO, Asia Pacific to Global Head of Distribution earlier this year, Schroders announces that Chris Durack, Country Head of Australia and Susan Soh, Country Head of Singapore, will succeed Lieven Debruyne and have been appointed as Co-Heads of Asia Pacific. The management changes are effective from the second quarter of 2020. Chris Durack and Susan Soh will retain their roles as country heads of Australia and Singapore respectively.

Chris Durack has served as CEO of Schroders Australia since 2018, having originally joined Schroders as Head of Distribution in Australia in 2011 and then serving as Country Head of Schroders Hong Kong. Prior to this, he was CEO of NSW State Super Corporation.

Susan Soh joined Schroders Singapore as Head of Distribution in 2005, and was appointed CEO of Schroders Singapore in 2007. She serves as a Council Member of Institute of Banking & Finance (IBF) and is also Chairman of the Investment Management Association of Singapore (IMAS).

In Japan, Noriaki (Nori) Kurose will join Schroders as Country Head of Japan. His appointment is effective May 1, 2020. Nori Kurose joins from Pictet Asset Management, where he held the position of Managing Director and Board member of the Japan business. He succeeds Shigesuke Kashiwagi, who has decided to step down on completion of his term of directorship.

Lieven Debruyne, Global Head of Distribution, Schroders commented:

“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.”

Read this next

Technology

SteelEye tries ChatGPT for market surveillance

This capability can be used as a starting point for initiating a surveillance investigation and to standardize workflow processes to boost the throughput and consistency of cases. It is also useful when analyzing communications in foreign languages, as the system returns the above insights in English regardless of the languages being used.

Industry News

SEC charges ex-Morgan Stanley advisor of NBA players after $13m fraud

Darryl Matthew Cohen was arrested this week and is facing three different federal counts of fraud, which could amount to 20 years in prison if convicted, besides the SEC complaint. 

Industry News

AWS FinTech Africa Accelerator launched, applications until April 27, 2023

Founders will be offered tech resources, expert guidance, and a global network of industry leaders, technologists, entrepreneurs, investors, associations, and partners, in order to build their fintech products. 

Industry News

Interactive Brokers pays unmatched interest up to USD 4.33% on cash balances over $10,000

For clients of Interactive Brokers, interest accrues daily, and payments are posted on a monthly basis. Interactive Brokers’ cash management is integrated into client broker accounts, making it simple to earn interest and borrow at the lowest rates without transferring cash.

Retail FX

FP Markets adds cTrader to roster of trading platforms that include MT4, MT5, Iress

“Our market share swings towards the more sophisticated segment of traders and we have been inundated with requests for an additional platform with more institutional-style characteristics. The addition of the cTrader trading platform offering allows our clients the choice to further shape their trading experience with us.”

Digital Assets

SEC mulls lawsuit against Coinbase’s staking and spot trading

Shares in Coinbase fell 15 percent after the US Securities and Exchange Commission threatened a potential enforcement action against the crypto exchange over certain products.

Digital Assets

Kraken halts ACH transactions amid banking crisis

San Francisco-based cryptocurrency exchange Kraken says it will no longer process Automated Clearing House (ACH) following the failure of its payments partner, Silvergate Bank.

Digital Assets

French influencers face two years in jail for promoting crypto products

France’s National Assembly’s Economics Committee voted in favor of a law that bans social media influencers from touting risky financial services, including cryptocurrencies.

Interviews

Exberry’s Guy Melamed on paradigm shift with cloud-native exchanges at FIA Boca 2023

FinanceFeeds Editor-in-Chief Nikolai Isayev spoke with Guy Melamed about Exberry’s cloud-native exchange SaaS platform certified by AWS to bring about a paradigm shift in the industry at a time of cybersecurity concerns.

<