Legal & General Investment Management (LGIM) has appointed David Hoantee Peng to the newly-created role of head of Asia Pacific, ex Japan.
Based in Hong Kong, Peng will lead LGIM’s strategy in Asia Pacific ex Japan. LGIM launched its Asia unit in 2012.
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In the new role, Peng will report to vice chairman of investments Roger Bartley.
Peng most recently served as the head of Asia for over seven years at Standard Life Aberdeen. He has an experience of 30 years in the Asian financial services sector, which also includes a stint at BlackRock.
Commenting on the new appointment, Bartley said: “Asia is an important market for LGIM as we expand our presence internationally. David’s insight will be invaluable as we deepen and strengthen our investor and client relationships in the region.
“His appointment reflects LGIM’s long-term commitment to expanding our foothold in the Asia Pacific region.”
