LGIM announces opening of new office in Singapore, key hires

LGIM announces opening of new office in Singapore, key hires | Insurance Business Asia

Insurance News

LGIM announces opening of new office in Singapore, key hires

Global asset manager set to grow reach in Asia with new stewardship line-up

Insurance News

By
Jonalyn Cueto

As part of its intention to expand its footprint in Asia, Legal & General Investment Management (LGIM) has announced it has opened a Singapore office, which is set to serve existing and prospective clients in the region. Natasha Mora, managing director for Asia ex-Japan at LGIM, will lead the regional branch.

“Our new office in Singapore will add depth, business capability, investment expertise and brand profile in Asia, complementing our existing presence in Hong Kong and Tokyo,” said Michelle Scrimgeour, CEO at LGIM. “Due to the city-state’s regional influence and connectivity worldwide, opening an office in Singapore is an important milestone in our international growth strategy. This new local office affirms our commitment to the region, allows us to pursue new business opportunities and will elevate our ESG advocacy across Asia.”

The new office is also the home to LGIM’s newly established Asia ex-Japan investment stewardship team, which is led by Trista Chen. The team will drive the firm’s investment engagement activities and ESG priorities across the region. Chen reports to Michael Marks, the head of responsible investment integration.

In response to the growing demand for the firm’s investment solutions, LGIM has appointed Gerald Koh to become head of wholesale Asia (ex-Japan). In his new role, he will spearhead the development of LGIM’s wholesale business across Asia and is responsible for client acquisition as well as act as support across private banks, wealth managers, and other intermediaries. He is reporting to Mora.

Heston Goh was also appointed earlier this month to become sales director for South East Asia institutions. He reports to Jackson Loi, the head of institutional sales for Asia (ex-Japan). In his new role, he is responsible for overseeing institutional asset owners in the region.